Oil tanks
US crude oil inventories declined more than forecast in the week ended May 2, according to data released by the Energy Information Administration (EIA) on Wednesday.
Commercial crude inventories fell bytwomillion barrels last week, compared to expectations fora 1.3-million-barrel drop.
Gasoline inventories increased by 200,000 barrels, while distillate stocks—including diesel and heating oil—decreased by 1.1 million barrels.
|
US Crude Derivatives Inventories (mln barrels) |
||||
|
Item |
Last Year |
Last Week |
Current |
Weekly Change |
|
Crude Oil |
459.5 |
440.4 |
438.4 |
(2.0) |
|
Gasoline |
228.0 |
225.5 |
225.7 |
+0.2 |
|
Distillates |
116.4 |
107.8 |
106.7 |
(1.1) |
