Oil tanks
US oil inventories fell unexpectedly in the week ending December 26th, but fuel inventories increased more than expected during the same period.
Data issued by the Energy Information Administration on Wednesday showed that the commercial stock of crude oil decreased by 1.9 million barrels during the week, while expectations indicated that it would rise by 100 thousand barrels.
On the other hand, the data revealed that gasoline stocks rose by 5.8 million barrels during the same period, while expectations indicated an increase of 300 thousand barrels.
As for distillate inventories, which include diesel and heating oil, they rose by 5 million barrels compared to expectations of an increase of 800,000 barrels. Overall, these data indicate weak demand for fuel in the largest economy in the world during the past week.
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Stocks Crude and derivatives in the United States of America (million barrels)
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item
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A year ago
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A week ago
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present
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|
|
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415.6
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424.8
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422.9
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(1.9)
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|
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231.4
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228.5
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234.3
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+5.8
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Distillers
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122.9
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118.7
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123.7
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+5.0
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