EIA: US crude inventories surge past estimates

2018-11-07 16:36:43 GMT (Economies.com)
EIA: US crude inventories surge past estimates

The Energy Information Administration released its report on US crude stocks, showing a build of 5.8 million barrels in the week ending November 2, compared to a 3.2 million increase in the previous reading, while analysts expected a 2 million build, with total stocks now up to 431.8 million barrels, making them 3% above five-year averages for this time of year. 

 

Gasoline stocks rose 1.9 million barrels, making them 8% above averages, while distillate stocks, including heating fuel, fell 3.5 million barrels, making them 6% below averages. 

 
 
 
  Symbol Last Change Chg.%
1.1137
-0.0107
0.9521%
1.2905
-0.0097
0.7437%
15.017
0.013
0.083%
64.188
0.177
0.277%
72.81
-1.60
2.15%
1280.325
4.625
0.362%
 
 
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