Coronavirus
VERY HIGH
Pakistan Deaths
19,106
11324hr
Pakistan Cases
864,557
308424hr
Sindh
293,426
Punjab
320,851
Balochistan
23,534
Islamabad
78,382
KPK
124,979
Markets

US crude stocks up less than expected, gasoline inventories fall

Crude stocks at the Cushing, Oklahoma, delivery hub rose by 3.6 million barrels in the last week, EIA said. US
29 Apr 2020
  • Crude stocks at the Cushing, Oklahoma, delivery hub rose by 3.6 million barrels in the last week, EIA said.
  • US gasoline stocks fell by 3.7 million barrels in the week to 259.6 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 2.5 million-barrel rise.?

US crude stocks rose less than expected, while gasoline inventories dropped, the Energy Information Administration said on Wednesday.

Crude inventories rose by 9 million barrels in the week to April 24 to 527.6 million barrels, compared with analysts' expectations in a Reuters poll for a 10.6 million-barrel rise.

Crude stocks at the Cushing, Oklahoma, delivery hub rose by 3.6 million barrels in the last week, EIA said.

Refinery crude runs rose by 305,000 barrels per day in the last week, EIA said. Refinery utilization rates rose by 2 percentage points, in the week.

US gasoline stocks fell by 3.7 million barrels in the week to 259.6 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 2.5 million-barrel rise.?

Distillate stockpiles, which include diesel and heating oil, rose by 5.1 million barrels in the week to 142 million barrels, versus expectations for a 3.6 million-barrel rise, the EIA data showed.

Net US crude imports fell last week by 47,000 barrels per day in the last week, EIA said.