US crude oil inventories, excluding strategic reserves, increased by 3.0 million barrels last week. According to Bloomberg, the market expected an increase of 0.6 million barrels. The previous week’s reading was -0.6.
Gasoline inventories decreased by 1.7 million barrels. The market expected an increase of 0.05 million barrels. The previous week’s reading was 0.8.
Distillate inventories fell by 0.4 million barrels. The market expected a decrease of 0.3 million barrels. The previous week’s reading was 1.6.
The statistics are presented by the US Department of Energy, DOE.
USAv38Consensusv37DOE crude oil inventories, change3.00.6-0.6DOE gasoline inventories, change-1.70.050.8DOE distillate inventories, change-0.4-0.31.6Consensus data from Bloomberg
