US Crude Inventories Fall In Last Week: EIA

Jun 9 (.) – US crude stocks fell in the past week, while gasoline and distillate inventories rose, the government’s Energy Information Administration (EIA) reported on Wednesday.

* Crude inventories fell 5.2 million barrels in the week to June 4 to 474 million barrels. Analysts consulted by . expected a drop of 2 million barrels.

* Crude stocks at the Cushing, Oklahoma distribution center increased 165,000 barrels, the EIA added.

* Refining increased by 328,000 barrels per day. The utilization rate grew 2.6 percentage points for the week.

* Gasoline inventories increased by 7 million barrels to 241 million barrels. Analysts consulted by . expected a rise of 698,000 barrels.

* Distillate inventories, which include heating oil and diesel, rose by 4.4 million barrels to 137.2 million barrels versus an expected increase of 1.4 million barrels, the EIA report showed. .

* In the last week, net crude imports in the United States grew by 620,000 barrels per day.

(Reporting by David Gaffen, Edited in Spanish by Janisse Huambachano)

Effects of black holes reaching beyond their own galaxies

Samsung to introduce its new Wear OS watch experience on June 28 at MWC 2021