U.S. crude inventories decline by 4.346 million barrels to 461.4 million in the week to July 10

Market news

15 July 2015

U.S. crude inventories decline by 4.346 million barrels to 461.4 million in the week to July 10

The U.S. Energy Information Administration (EIA) released its crude oil inventories data on Wednesday. U.S. crude inventories fell by 4.346 million barrels to 461.4 million in the week to July 10.

Analysts had expected U.S. crude oil inventories to decline by 2.1 million barrels.

Gasoline inventories climbed by 58,000 barrels to 218 million barrels last week, according to the EIA.

Crude stocks at the Cushing, Oklahoma, increased by 438,000 barrels to 57.1 million barrels.

U.S. crude oil imports increased by 38,000 barrels per day.

Refineries in the U.S. were running at 95.3% of capacity, up from 94.7% the previous week.

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