USA: anecdotal rise in crude oil inventories
(CercleFinance.com) - Data published by the U.
S. Energy Information Administration (EIA) show that U.S. crude oil inventories totaled 419.1 million barrels for the week ending September 2, up a limited 0.8 million barrels on the previous week.
The agency points out that stocks of distillates - including heating oil - rose by 2.3 million barrels, while gasoline stocks also increased by 2.3 million barrels, compared with the previous week.
Finally, the EIA reports that refineries operated at 92.8% of their operational capacity during the same week, with average production of 9.4 million barrels/day.
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