Tuesday, May 30, 2023

Crude Stockpiles Fall by 0.679 Million in Latest Week: EIA By Investing.com


© Reuters.

Investing.com — inventories fell in the latest week the Energy Information Administration said on Wednesday.

Crude inventories fell by barrels last week to 4.880 million barrels, compared with analysts’ expectations for a 2.358 million-barrel drawdown.

Distillate stockpiles, which include diesel and heating oil, rose by barrels in the week against expectations for a 0.209 million barrel drop, the EIA data showed.

fell by 0.251 million barrels in the last week, EIA said. The fell 0.5%, according to the report.

rose by 3.491 barrels last week the EIA said, compared with expectations for a 2.386 million-barrel build.

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