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    Home > Chemicals Industry > Petrochemical News > Last week (Nov. 29-Dec. 3), U.S. crude inventories fell by 240,000 barrels, much smaller than expected

    Last week (Nov. 29-Dec. 3), U.S. crude inventories fell by 240,000 barrels, much smaller than expected

    • Last Update: 2023-03-20
    • Source: Internet
    • Author: User
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    According to foreign news on December 8, the US Energy Information Administration (EIA) released a report on Wednesday showing that US crude oil inventories fell slightly last week, and gasoline and distillate inventories rose
    .

    U.
    S.
    crude inventories fell 240,000 barrels to 432.
    87 million barrels in the week ended Dec.
    3, compared with analysts' expectations of a 1.
    7 million barrel
    reduction.

    Crude inventories in Cushing, Oklahoma, rose 2.
    37 million barrels to 30.
    92 million barrels
    .

    Refinery crude processing increased by 154,000 b/d to 15.
    79 million b/d, and refinery capacity utilization increased by 1 percentage point to 89.
    8%.

    U.
    S.
    gasoline inventories rose 3.
    9 million barrels to 219.
    3 million barrels in the week ended Dec.
    3, compared with market expectations of an increase of 1.
    8 million barrels
    .

    Distillate inventories, which include diesel and heating oil, rose 2.
    7 million barrels to 126.
    61 million barrels, compared with analysts' estimates of an increase of 1.
    6 million barrels
    .

    Net U.
    S.
    crude imports rose 329,000 b/d to 4.
    23 million b/d
    for the week.

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