Latest news with #inventories
Argaam
3 days ago
- Business
- Argaam
US oil inventories fall 11.5M barrels last week
Crude oil inventories in the US fell more than expected in the week ended June 13, signaling a rebound in US energy demand, according to a report released by the Energy Information Administration (EIA). Crude oil inventories decreased by about 11.5 million barrels last week, compared to expectations for a fall of about 1.6 million barrels. Meanwhile, gasoline inventories increased by 200,000 barrels, and distillate stocks—including diesel and heating oil—rose by 500,000 barrels.
Argaam
11-06-2025
- Business
- Argaam
US oil inventories fall 3.6M barrels last week
Crude oil inventories in the US fell more than expected in the week ended June 6, signaling a rebound in US energy demand, according to a report released by the Energy Information Administration (EIA). Crude oil inventories decreased by about 3.6 million barrels last week, compared to expectations for a fall of about 2.4 million barrels. Meanwhile, gasoline inventories increased by 1.5 million barrels, and distillate stocks—including diesel and heating oil—rose by 1.2 million barrels.
Wall Street Journal
11-06-2025
- Business
- Wall Street Journal
U.S. Crude-Oil Stockpiles Down More Than Expected
U.S. crude-oil inventories fell more than expected last week in a third consecutive decline as refineries increased their capacity use, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude-oil stocks excluding the Strategic Petroleum Reserve fell by 3.6 million barrels to 432.4 million barrels in the week ended June 6, and were about 8% below the five-year average for the time of year, the EIA said. Analysts surveyed by The Wall Street Journal had forecast a 1.6 million-barrel decline in crude stockpiles.
Argaam
29-05-2025
- Business
- Argaam
US crude inventories fall 2.8M barrels last week
US crude oil inventories declined more than anticipated in the week ended May 23, signaling a rebound in US energy demand ahead of Memorial Day, according to data released by the Energy Information Administration (EIA) on Wednesday. Commercial crude inventories fell by 2.8 million barrels last week, compared to expectations for a rise of 600,000 barrels. Gasoline inventories also decreased by 2.4 million barrels, while distillate stocks—including diesel and heating oil— were down by 700,000 barrels.
Wall Street Journal
29-05-2025
- Business
- Wall Street Journal
U.S. Crude Oil Stockpiles Fall More Than Expected
U.S. crude oil inventories fell more than expected last week as exports increased, and gasoline stocks declined amid a seasonal pickup in demand, according to data released Thursday by the U.S. Energy Information Administration. Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 2.8 million barrels to 440.4 million barrels in the week ended May 23 and were about 6% below the five-year average for the time of year, the EIA said. Analysts surveyed by The Wall Street Journal had predicted crude stockpiles would fall by 600,000 barrels.
