Oil Hits Session High After DOE Shows Lowest Midwest Gasoline Stocks On Record
7 Articles
7 Articles
Clarin
El CarabobeñoGasoline and distillate reserves in the U.S. dropped sharply last week, according to the EIA, in an environment of tension with Iran.The use of refineries dropped to 92.5%, while crude reserves rose slightly, amid a rise in the price of oil.
The EIA shows an unexpected increase due to the slow pace of the refineries, while Washington continues to take crude oil out of the Strategic Reserve, as early as 1982, and the Gulf re-exports more oil.
U.S. oil stocks rose by 922,000 barrels, to 427,320 million, in the week closed last Friday (25), reported the country's Department of Energy (DoE) on Wednesday (30). The result contradicted the average estimate of analysts consulted by The Wall Street Journal, which was down by 200 thousand. Already the gasoline stocks fell by 1,684 million barrels, last week, to 204,362 million, ahead of high expectations of 300 thousand. Distillates stocks fe…
Oil Hits Session High After DOE Shows Lowest Midwest Gasoline Stocks On Record
Oil Hits Session High After DOE Shows Lowest Midwest Gasoline Stocks On Record Oil prices rose to session highs after today's DOE inventory data refuted the latest cheerful API prints from Tuesday afternoon. Instead of the API-reported builds in distillates and gasoline, the DOE said that in the last week both products drew, with a modest increase in Cushing inventories, while crude inventories rose by 922K API Crude +1.0mm Gasoline +3.0…
Oil production in the United States increased by 16,000 barrels a day at the end of the week ending 25 September, to 13.955 million barrels a day, following from ... ~ 30.09.2026, PRIM
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