Markets

US crude stocks rise to highest level this year

Published May 2, 2018 Updated May 2, 2018 03:44pm

US Midwest commercial crude imports, excluding the Strategic Petroleum Reserve, climbed to the highest on record at 3.1 million barrels per day (bpd) last week.

The four-week average US commercial crude imports excluding SPR hit the highest since February 2017.

Copyright Reuters, 2018