US Crude Oil Inventories Reach 467 Million Barrels, Refineries Operate at 93.7% Capacity: EIA Data

(CercleFinance.com) – Data released by the US Energy Information Agency (EIA) shows that crude oil inventories reached 467.1 million barrels during the week of June 5 in the United States. States, signaling an increase in inventories of 7.9 million barrels compared to the previous week.

Stocks of distilled products – including heating oil – also increased (+2.1 million barrels) as did gasoline stocks (+2.1 million barrels as well), still compared to the previous week.

Finally, the EIA specifies that the refineries operated at 93.7% of their operational capacity during this same week, with an average production of 10.2 million barrels/day.