- EIA’s report reveals much- bigger-than-forecast increase in U.S. crude oil inventories
Notícias do Mercado
30 outubro 2019
EIA’s report reveals much- bigger-than-forecast increase in U.S. crude oil inventories
The U.S. Energy
Information Administration (EIA) revealed on Wednesday that crude inventories increased
by 5.702 million barrels in the week ended October 25. Economists had forecast
a gain of 0.500 million barrels.
At the same
time, gasoline stocks declined by 3.037 million barrels, while analysts had
expected a drop of 2.300 million barrels. Distillate stocks reduced by 1.032
million barrels, while analysts had forecast a decrease of 2.400 million
barrels.
Meanwhile, oil
production in the U.S. was unchanged at 12.600 million barrels a day.
U.S. crude oil
imports averaged 6.7 million barrels per day last week, up by 840,000 barrels
per day from the previous week.
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