BR100 Increased By (0.29%)
BR30 Decreased By (-0.12%)
KSE100 Increased By (0.41%)
KSE30 Increased By (0.47%)
AGHA 7.81 Increased By ▲ 0.06 (0.77%)
BECO 5.20 Increased By ▲ 0.01 (0.19%)
BML 57.88 Decreased By ▼ -0.78 (-1.33%)
BOP 34.15 Increased By ▲ 0.46 (1.37%)
CNERGY 10.20 Decreased By ▼ -0.41 (-3.86%)
CSIL 5.40 Increased By ▲ 0.10 (1.89%)
FCCL 54.75 Increased By ▲ 1.01 (1.88%)
FFL 16.65 Increased By ▲ 0.19 (1.15%)
FNEL 1.24 Increased By ▲ 0.02 (1.64%)
KEL 7.39 Increased By ▲ 0.11 (1.51%)
KOSM 5.76 Increased By ▲ 0.12 (2.13%)
LOTCHEM 29.40 Decreased By ▼ -0.25 (-0.84%)
MLCF 95.30 Decreased By ▼ -1.06 (-1.1%)
NBP 203.95 Increased By ▲ 0.42 (0.21%)
NCPL 57.20 Increased By ▲ 0.35 (0.62%)
NPL 68.38 Increased By ▲ 1.07 (1.59%)
OGDC 317.40 Decreased By ▼ -0.82 (-0.26%)
PACE 10.75 Increased By ▲ 0.12 (1.13%)
PAEL 43.00 Increased By ▲ 1.23 (2.94%)
PIBTL 16.77 Decreased By ▼ -0.04 (-0.24%)
PPL 220.20 Increased By ▲ 0.03 (0.01%)
PRL 49.29 Increased By ▲ 0.24 (0.49%)
PTC 70.90 Increased By ▲ 0.89 (1.27%)
SSGC 28.40 Decreased By ▼ -0.74 (-2.54%)
TBL 9.85 Increased By ▲ 0.08 (0.82%)
TELE 8.85 Increased By ▲ 0.03 (0.34%)
TPL 18.46 Increased By ▲ 1.29 (7.51%)
TPLP 13.10 Increased By ▲ 0.59 (4.72%)
TREET 22.71 Increased By ▲ 0.12 (0.53%)
TRG 59.65 Decreased By ▼ -0.57 (-0.95%)
Markets

US crude stocks dip, fuel inventories higher: EIA

Published Updated
By

US crude stocks fell while gasoline and distillate inventories rose, the Energy Information Administration said on Wednesday.

Crude inventories fell by 240,000 barrels in the week to Dec. 3 to 432.9 million barrels, compared with analysts' expectations in a Reuters poll for a 1.7 million-barrel drop.

Crude stocks at the Cushing, Oklahoma, delivery hub rose by 2.4 million barrels in the last week, EIA said.

Refinery crude runs rose by 154,000 barrels per day in the last week, EIA said. Refinery utilization rates rose by 1 percentage points, in the week.

Oil steadies near $76 as investors assess Omicron's impact

US gasoline stocks rose by 3.9 million barrels in the week to 219.3 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.8 million-barrel rise.

Distillate stockpiles, which include diesel and heating oil, rose by 2.7 million barrels in the week to 126.6 million barrels, versus expectations for a 1.6 million-barrel rise, the EIA data showed.

Net US crude imports rose last week by 329,000 barrels per day, EIA said.

Comments

Comments are closed for this article.