EIA: US crude stocks tumble past expectations
2017-08-09 15:25:16 GMT (Economies.com)
EIA: US crude stocks tumble past expectations

The Energy Information Administration released its report on US crude stocks, showing a drawdown of 6.5 million barrels in the week ending August 4, adding to the 1.5M drop in the previous reading, while analysts expected only a 2.6M decline, with total stocks now reaching 475.4 million barrels, remaining within the uppermost range on average in this time of year. 

 

Otherwise, gasoline stocks rose 3.4 million barrels, bucking the trend, while distillate inventories, including heat fuel, fell 1.7 million barrels, both remaining within the uppermost range on average in this time of year. 

 
 
 
  Symbol Last Change Chg.%
1.1759
-0.0070
0.5880%
1.2872
-0.0123
0.9461%
17.024
-0.076
0.447%
48.705
-0.060
0.123%
52.83
1.80
3.53%
1285.890
-4.485
0.348%
 
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