• EIA’s report reveals unexpected decline in U.S. crude oil inventories

Notícias do Mercado

30 setembro 2020

EIA’s report reveals unexpected decline in U.S. crude oil inventories

The U.S. Energy Information Administration (EIA) revealed on Wednesday that crude inventories fell by 1.980 million barrels in the week ended September 25. Economists had forecast a build of 1.569 million barrels.

At the same time, gasoline stocks rose by 0.683 million barrels, while analysts had expected a decline of 1.083 million barrels. Distillate stocks plunged by 3.184 million barrels, while analysts had forecast a drop of 0.917 million barrels.

Meanwhile, oil production in the U.S. remained unchanged at 10.700 million barrels a day.

U.S. crude oil imports averaged 5.1 million barrels per day last week, down by 45,000 barrels per day from the previous week.

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