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On July 8th, the US Energy Information Administration (EIA) released data on Thursday showing that US crude oil and gasoline inventories fell sharply last week, but distillate inventories increased
.
Data show that US crude oil inventories fell by 6.
9 million barrels for the week ended July 2 to 445.
5 million barrels.
Previously, analysts expected a decline of 4 million barrels
.
As of the week of July 2, Cushing crude oil inventories in the United States, the delivery location of NYMEX crude oil futures, fell by 614,000 barrels
.
That week, the crude oil processing volume of US refineries fell by 184,000 barrels per day, and the capacity utilization rate fell by 0.
7 percentage points to 92.
2%
.
EIA data show that last week, US crude oil imports increased by 558,000 barrels per day
.
That week, US gasoline inventories fell by 6.
1 million barrels to 235.
5 million barrels.
Analysts expected a decline of 2.
2 million barrels
.
That week, distillate stocks, including diesel and heating oil, increased by 1.
6 million barrels to 138.
7 million barrels, and analysts expected an increase of 200,000 barrels
.
The EIA weekly report was postponed by one day due to the American Independence Day holiday this Monday
.
.
Data show that US crude oil inventories fell by 6.
9 million barrels for the week ended July 2 to 445.
5 million barrels.
Previously, analysts expected a decline of 4 million barrels
.
As of the week of July 2, Cushing crude oil inventories in the United States, the delivery location of NYMEX crude oil futures, fell by 614,000 barrels
.
That week, the crude oil processing volume of US refineries fell by 184,000 barrels per day, and the capacity utilization rate fell by 0.
7 percentage points to 92.
2%
.
EIA data show that last week, US crude oil imports increased by 558,000 barrels per day
.
That week, US gasoline inventories fell by 6.
1 million barrels to 235.
5 million barrels.
Analysts expected a decline of 2.
2 million barrels
.
That week, distillate stocks, including diesel and heating oil, increased by 1.
6 million barrels to 138.
7 million barrels, and analysts expected an increase of 200,000 barrels
.
The EIA weekly report was postponed by one day due to the American Independence Day holiday this Monday
.
