EIA: US crude inventories surge past forecasts

2018-10-03 14:55:38 GMT (Economies.com)
EIA: US crude inventories surge past forecasts

The Energy Information Administration released its report on US crude inventories, showing a sharp increase of 8 million barrels in the week ending September 28, adding to the 1.9 million increase in the previous reading, while analysts expected a 1.1 million build, with total stocks now amounting to 404 million barrels, at five-year averages for this time of year. 

 

Gasoline stocks fell 0.5 million barrels, still 7% above averages, while distillate stocks fell 1.8 million barrels, making them 3% below averages. 

 
 
 
  Symbol Last Change Chg.%
1.1466
-0.0056
0.4878%
1.2994
-0.0078
0.5940%
14.691
0.058
0.393%
69.016
-0.266
0.383%
79.32
-0.50
0.63%
1231.635
4.930
0.402%
 
 
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