US crude stocks down 2.4m barrels in week

Mubasher: US crude oil stocks increased by 2.4 million barrels and reached 485 million barrels in the week that ended on 4 November, according to the American Energy Information Administration (EIA).

EIA also said on Wednesday that gasoline inventories decline by 2.8 million barrels in the same week, while distillate stockpiles, which include diesel and heating oil decreased by 1.9 million barrels.

Mubasher Contribution Time: 09-Nov-2016 18:11 (GMT)
Mubasher Last Update Time: 09-Nov-2016 18:11 (GMT)