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EIA announces unexpected drop in US oil inventories
2020-01-23 20:10:32 GMT
(Economies.com)
The US Energy Information Administration (EIA) showed today that the US crude inventories fell by 400K barrels to reach a total of 428.1 million barrels during past week, lower than forecasts of surge by 0.5 million.
The gasoline stockpiles rose by 1.7 million barrels to a total of 260 million barrels, and distillate stockpiles declined by 1.2 million barrels with a total of 146 million.
While the American Petroleum Institute (API) showed yesterday in preliminary data that the US commercial crude inventories rose by about 1.6 million barrels during same period.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.0971
|
0.0156
|
1.4397%
|
|
|
|
|
1.2877
|
-0.0071
|
0.5476%
|
|
|
|
Tadawul
|
7628.34
|
-82.78
|
1.07%
|
|
|
|
|
17.747
|
-0.747
|
4.037%
|
|
|
|
|
47.580
|
-5.753
|
10.787%
|
|
|
|
|
52.11
|
-1.38
|
2.58%
|
|
|
|
|
1639.200
|
-4.445
|
0.270%
|
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