‎US gasoline inventories rise by above 6M barrels

‎US gasoline inventories rise by above 6M barrels

Oil tanks

US crude oil inventories decreased during the week ended Dec. 5. Meanwhile, gasoline stockpile rose remarkably.

Commercial crude inventories fell by 1.8 million barrels, beating expectations for an increase by 1.6 million barrels, according to data released by the Energy Information Administration (EIA) on Wednesday.

Gasoline inventories added 6.4 barrels, with distillate stocks—including diesel and heating oil— increasing by 2.5 million barrels.

US Crude & Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil

422.0

427.5

425.7

(1.8)

Gasoline

219.7

214.4

220.8

+6.4

Distillates

121.3

114.3

116.8

+2.5

https://www.argaam.com/en/article/articledetail/id/1865226