US crude inventories rise nearly 8 million barrels

2020-05-28 18:37:18 GMT (Economies.com)

The US Energy Information Administration (EIA) showed today that the US crude inventories rose by 7.9 million barrels to reach a total of 534.4 million barrels during the past week, beating forecasts of a drop by 2 million.

 

The gasoline stockpiles fell by 700,000 barrels to a total of 255 million, while distillate stockpiles rose by 5.5 million barrels to a total of 164.3 million.

 

While the American Petroleum Institute (API) showed yesterday in preliminary data that inventories rose by 8.7 million barrels during same period.

 
 
 
  Symbol Last Change Chg.%
1.1320
-0.0011
0.0940%
1.2654
0.0147
1.1785%
Tadawul
7416.67
22.41
0.30%
18.728
0.382
2.079%
40.095
-0.140
0.348%
42.59
0.24
0.57%
1804.965
18.980
1.063%
 
 
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