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    Home > Chemicals Industry > Petrochemical News > U.S. crude oil inventories expected to fall by 2.8 million barrels last week

    U.S. crude oil inventories expected to fall by 2.8 million barrels last week

    • Last Update: 2021-12-28
    • Source: Internet
    • Author: User
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    Foreign news on December 21, a survey released on Tuesday showed that last week US crude oil inventories may have fallen for the fourth consecutive week, while gasoline inventories are expected to increase
    .


    The average survey of 8 analysis institutions shows that as of the week of December 17, US crude oil inventories are expected to decrease by approximately 2.
    8 million barrels
    .


    As of the week of December 10, US crude oil inventories fell by 4.
    6 million barrels, and analysts expected a reduction of 2.
    1 million barrels
    .


    The American Petroleum Institute (API) will release a report at 05:30 Beijing time on Wednesday, and the U.
    S.
    Energy Information Administration (EIA) will release an inventory report at 23:30 Beijing time on Wednesday
    .


    Analysts predict that US gasoline inventories are expected to increase by about 500,000 barrels last week
    .
    Distillate stocks, including diesel and heating oil, are expected to remain flat
    .


      The survey found that the capacity utilization rate of US refineries was expected to increase by 0.
    6% to 90.
    4% last week
    .

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