Commodities and Futures News

U.S. Crude Stocks Down 2.8M Bbls Last 2 Weeks; Gasoline/Distillates up -EIA

2022.06.29 18:20

U.S. Crude Stocks Down 2.8M Bbls Last 2 Weeks; Gasoline/Distillates up -EIA

U.S. Crude Stocks Down 2.8M Bbls Last 2 Weeks; Gasoline/Distillates up -EIA

U.S. crude oil inventories fell over the past two weeks combined, the Energy Information Administration, or EIA, said on Wednesday as it released composite data for the period.

Crude oil inventories fell by 2.8 million barrels for the weeks ending June 17 and June 24th, the EIA said.

Gasoline inventories rose by 2.6 million barrels for the combined period.

Distillate stocks also increased by 2.6 million barrels, the EIA said.

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