StockMarketWire.com - US commercial crude oil inventories decreased by 4.3 million barrels in the week ending 29 June.
The US Energy Information Administration said that at 382.9 million barrels, crude oil inventories are above the upper limit of the average range for this time of year.
Total motor gasoline inventories increased by 0.2 million barrels last week and are below the lower limit of the average range.
Finished gasoline inventories increased while blending components inventories decreased last week.
Distillate fuel inventories decreased by 1.1 million barrels last week and are below the lower limit of the average range for this time of year.
Propane/propylene inventories increased by 0.9 million barrels last week and are above the upper limit of the average range.
Total commercial petroleum inventories decreased by 4.1 million barrels last week.
