• U.S. crude inventories rise by 2.15 million barrels to 504.1 million in the week to February 12

Market news

18 February 2016

U.S. crude inventories rise by 2.15 million barrels to 504.1 million in the week to February 12

The U.S. Energy Information Administration (EIA) released its crude oil inventories data on Thursday. U.S. crude inventories rose by 2.15 million barrels to 504.1 million in the week to February 12.

Analysts had expected U.S. crude oil inventories to rise by 4.0 million barrels.

Gasoline inventories increased by 3.0 million barrels, according to the EIA.

Crude stocks at the Cushing, Oklahoma, increased by 36,000 barrels.

U.S. crude oil imports rose by 795,000 barrels per day.

Refineries in the U.S. were running at 88.3% of capacity, up from 86.1% the previous week.

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