However, the increase in production is the slowest growth rate since July, with signs of slowing shale oil production growth.
According to the Energy Information Administration’s Monthly Oil Supplies Report, demand for crude and petroleum products in the United States fell by 55,000 barrels a day in October to 20.42 million barrels a day, the lowest level since July.
But on request benzene It rose 13,000 barrels a day to 8.83 million barrels in October, the administration said.
Stocks were the oil U.S. production of crude oil and distillates increased, while gasoline inventories declined, according to a statement from the US Energy Information Administration on Thursday.
Oil inventories rose by 718,000 barrels in the week ending Dec. 23 to 419 million barrels, while analysts polled by Reuters had expected a decline of 1.5 million barrels.
Crude inventories at the Cushing, Oklahoma delivery center fell by 195,000 barrels last week, according to the Energy Information Administration.
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And she said US Energy Information AdministrationU.S. crude production rose 0.6 percent on Friday to 12.38 million barrels a day in October, the highest level since March 2020.
However, the increase in production is the slowest growth rate since July, with signs of slowing shale oil production growth.
According to the Energy Information Administration’s Monthly Oil Supplies Report, demand for crude and petroleum products in the United States fell by 55,000 barrels a day in October to 20.42 million barrels a day, the lowest level since July.
But on request benzene It rose 13,000 barrels a day to 8.83 million barrels in October, the administration said.
Stocks were the oil U.S. production of crude oil and distillates increased, while gasoline inventories declined, according to a statement from the US Energy Information Administration on Thursday.
Oil inventories rose by 718,000 barrels in the week ending Dec. 23 to 419 million barrels, while analysts polled by Reuters had expected a decline of 1.5 million barrels.
Crude inventories at the Cushing, Oklahoma delivery center fell by 195,000 barrels last week, according to the Energy Information Administration.
