USA: crude oil inventories almost stable

(CercleFinance.com) - Data published by the U.
S. Energy Information Administration (EIA) show that U.S. crude oil inventories totaled 430.3 million barrels for the week ending November 11, up an anecdotal 0.5 million barrels on the previous week.

The agency also reported that inventories of distillate products - including heating oil - fell by 0.1 million barrels, while gasoline inventories rose by 2.1 million barrels, again compared with the previous week.

Finally, the EIA reported that refineries operated at 90.2% of their operating capacity during the same week, with average production of 9.3 million barrels/day.

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