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ST: US crude oil inventories rise by 2.8m barrels
 
StockMarketWire.com - US commercial crude oil inventories increased by 2.8 million barrels in the week ending 27 April.

The US Energy Information Administration said that at 375.9 million barrels, crude oil inventories are in the upper limit of the average range for this time of year.

Total motor gasoline inventories decreased by 2.0 million barrels last week and are in the middle of the average range.

Both finished gasoline inventories and blending components inventories decreased last week.

Distillate fuel inventories decreased by 1.9 million barrels last week and are in the middle of the average range for this time of year.

Propane/propylene inventories increased by 1.1 million barrels last week and are above the upper limit of the average range.

Total commercial petroleum inventories increased by 1.9 million barrels last week.

Story provided by StockMarketWire.com
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