US crude inventories

US crude stocks slump more than expected: EIA
Markets

US crude stocks slump more than expected: EIA

  • Crude inventories fell by 8 million barrels in the week to April 30 to 485.1 million barrels, compared with analysts' expectations in a Reuters poll for a 2.3 million-barrel drop.
  • Refinery crude runs rose by 225,000 barrels per day in the last week, EIA said.
Published 05 May, 2021 08:47pm
US crude stocks drop, fuel inventories rise: EIA
Markets

US crude stocks drop, fuel inventories rise: EIA

  • Crude inventories fell by 3.5 million barrels in the week to April 2 to 501.8 million barrels, compared with analysts' expectations in a Reuters poll for a 1.4 million-barrel drop.
  • Crude stocks at the Cushing, Oklahoma, delivery hub fell by 735,000 barrels in the last week, EIA said.
Published 07 Apr, 2021 08:24pm