BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)
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
Published Updated
By
  • 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.

 

Comments

Comments are closed for this article.