USA: slight weekly rise in crude oil inventories

(CercleFinance.com) - Data published by the U.
S. Energy Information Administration (EIA) show that U.S. crude oil inventories stood at 448.2 million barrels for the week ending March 18, up 3.2 million barrels on the previous week's level.

In detail, inventories of distillate products - including heating oil - fell by 1.2 million barrels, while gasoline stocks rose by 1.3 million barrels, again compared with the previous week, continues the agency.

Finally, the EIA states that refineries operated at 88.7% of their operational capacity during the same week, with average production of 9.2 million barrels/day.

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