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Notizie economiche
18.09.2024

EIA’s report shows a much-sharper-than-anticipated decline in U.S. weekly crude oil inventories

The U.S. Energy Information Administration (EIA) informed on Wednesday that crude inventories declined by 1.630 million barrels in the week ended September 13, following an increase of 0.833 million barrels in the previous week. Economists had predicted a slip of 0.100 million barrels.

At the same time, gasoline stocks edged up 0.069 million barrels. Analysts had forecast a build of 0.610 million barrels. The previous week posted a surge of 2.310 million barrels.

Elsewhere, distillate stocks rose by 0.125 million barrels. Analysts had anticipated an advance of 0.4000 million barrels. The previous week registered a jump of 2.308 million barrels.

Meanwhile, oil production in the U.S. decreased by 100,000 barrels a day to 13.200 million barrels per day.

U.S. crude oil imports averaged 6.3 million barrels per day last week, logging a drop of 545,000 barrels per day from the week before.

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