EIA: US crude inventories surge past forecasts

2018-10-03 14:55:38 GMT (Economies.com)
EIA: US crude inventories surge past forecasts

The Energy Information Administration released its report on US crude inventories, showing a sharp increase of 8 million barrels in the week ending September 28, adding to the 1.9 million increase in the previous reading, while analysts expected a 1.1 million build, with total stocks now amounting to 404 million barrels, at five-year averages for this time of year. 

 

Gasoline stocks fell 0.5 million barrels, still 7% above averages, while distillate stocks fell 1.8 million barrels, making them 3% below averages. 

 
 
 
  Symbol Last Change Chg.%
1.1305
-0.0092
0.8081%
1.2587
-0.0116
0.9120%
14.564
-0.057
0.386%
51.211
-1.034
1.980%
60.23
-1.17
1.91%
1238.250
-9.790
0.784%
 
 
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