U.S. Crude Stocks Dip But Distillates Hold Steady
9 Articles
9 Articles
U.S. Crude Stocks Dip But Distillates Hold Steady
Crude oil inventories in the United States saw a decrease of 3.2 million barrels during the week ending October 2, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 424.1 million barrels, according to government data, which is now 1% above the five-year average for this time of year. The EIA’s data release follows API’s figures that were released a day …
The U.S. Energy Information Administration announced that commercial crude oil inventories fell by approximately 3.2 million barrels last week to 424.1 million barrels. Market expectations were for an increase of about 1.9 million barrels.
U.S. crude oil stocks have dropped by 3.2 million barrels, well above market expectations. The IEA is raising its Brent price forecasts to 105 dollars per barrel for the fourth...
U.S. crude oil stocks fell by 3.2 million barrels during the week of October 2, 2026, far exceeding the market forecasts. Article Oil: U.S. reserves drop by 3.2 million barrels appeared first on L'EnerGeek.
Oil lost its strength at the beginning of the afternoon, after the US Department of Energy (DoE) reported that oil stocks in the country fell by 3,186 million barrels a week
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