- Analytics
- News and Tools
- Market News
- U.S. crude inventories decline by 4.9 million barrels in the week to June 19
U.S. crude inventories decline by 4.9 million barrels in the week to June 19
The U.S. Energy Information Administration (EIA) released its crude oil inventories data on Wednesday. U.S. crude inventories declined by 4.9 million barrels to 463 million in the week to June 19. It was the eight consecutive weekly decline.
Analysts had expected a decline of 1.8 million barrels.
Gasoline inventories were up by 680,000 barrels to 218.5 million barrels last week, according to the EIA.
U.S. oil production increased to 9.6 million barrels a day from 9.59 million barrels a day.
Crude stocks at the Cushing, Oklahoma, decreased by 1.87 million barrels to 56.2 million barrels.
U.S. crude oil imports declined by 432,000 barrels per day.
Refineries in the U.S. were running at 94.0% of capacity, down from 93.1% the previous week.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
