US crude inventories rise less than expected

Economies.com
2020-02-26 15:54PM UTC

The US Energy Information Administration (EIA) showed today that the US crude inventories rose by 0.5 million barrels to reach a total of 443.3 million barrels during past week, lower than forecasts of 2.8 million.

 

The gasoline stockpiles fell 2.7 million barrels to a total of 256.4 million, and distillate stockpiles declined by 2.1 million barrels to a total of 138.5 million.

 

While the American Petroleum Institute (API) showed yesterday in preliminary data that inventories rose by 1.3 million barrels during same period.

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