"Commodity" U.S. EIA crude oil inventories unexpectedly decreased by 9 million barrels last week
According to data from the U.S. Energy Information Administration (EIA), for the week ending February 13, U.S. commercial crude oil inventories (excluding stocks in the Strategic Petroleum Reserve) decreased by 9 million barrels from the previous week to 419.8 million barrels, while the market expected an increase of 2.1 million barrels.
Gasoline inventories fell by 3.2 million barrels, and distillate inventories decreased by 4.6 million barrels
Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments