- U.S. crude inventories climb by 4.80 million barrels to 490.7 million in the week to December 11
Market news
16 December 2015
U.S. crude inventories climb by 4.80 million barrels to 490.7 million in the week to December 11
The U.S. Energy Information Administration (EIA) released its crude oil inventories data on Wednesday. U.S. crude inventories increased by 4.80 million barrels to 490.7 million in the week to December 11.
Analysts had expected U.S. crude oil inventories to decline by 1.4 million barrels.
Gasoline inventories increased by 1.7 million barrels, according to the EIA.
Crude stocks at the Cushing, Oklahoma, climbed by 607,000 barrels.
U.S. crude oil imports increased by 291,000 barrels per day.
Refineries in the U.S. were running at 91.9% of capacity, down from 93.1% the previous week.
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