U.S. commercial crude oil inventories increased by 6.8 million barrels from the previous week

Market news

31 January 2018

U.S. commercial crude oil inventories increased by 6.8 million barrels from the previous week

At 418.4 million barrels, U.S. crude oil inventories are in the middle of the average range for this time of year.

Total motor gasoline inventories decreased by 2.0 million barrels last week, and are near the top of the average range. Both blending components and finished gasoline inventories decreased last week.

Distillate fuel inventories decreased by 1.9 million barrels last week and are in the middle of the average range for this time of year. Propane/propylene inventories decreased by 0.9 million barrels last week, but are in the middle of the average range. Total commercial petroleum inventories increased by 2.1 million barrels last week.

European stocks closed: FTSE 100 -54.43 7533.55 -0.72% DAX -8.23 13189.48 -0.06% CAC 40 +8.15 5481.93 +0.15%

U.S.: Crude Oil Inventories, January 6.776 (forecast 0.126)

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