U.S. Crude Oil Inventories Decline by 1.508 Million Barrels, Gasoline Stocks Also Fall: EIA Report

The U.S. Energy Information Agency (EIA) reported that crude oil inventories fell by 1.508 million barrels last week, with experts forecasting a drop of 0.983 million barrels after -9.603 million the previous week. . Gasoline stocks, for their part, fell by 2.550 million barrels. The consensus expected a drop of 1.417 million barrels. Stocks of distilled products, including heating oil, fell by 1.045 million barrels while the market anticipated an increase of 0.296 million barrels.

Around 5:05 p.m., on the commodities market, a barrel of Brent fell 1.27% to 75.56 dollars.

source : AOF

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2023-07-06 15:08:00


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