Business Financial Newswire - US commercial crude oil inventories increased by 0.2 million barrels in the week ending 14 May from the previous week, the US Energy Information Administration said today (19 May).
At 362.7 million barrels, US crude oil inventories are above the upper limit of the average range for this time of year.
Total motor gasoline inventories decreased by 0.3 million barrels last week, and are above the upper limit of the average range.
Finished gasoline inventories increased while blending components inventories decreased last week.
Distillate fuel inventories decreased by 1.0 million barrels, and are above the upper boundary of the average range for this time of year.
Propane/propylene inventories increased by 0.6 million barrels last week and are in the upper half of the average range.
Total commercial petroleum inventories increased by 1.2 million barrels last week, and are above the upper limit of the average range for this time of year.
