EIA: US crude inventories up by 1.4M barrels

Wednesday, 20. November 2019 16:31

Crude oil inventories in the United States increased by 1.4 million barrels to 450.4 million barrels in the week ending November 15, the US Energy Information Administration (EIA) reported on Wednesday.

US crude oil refinery inputs averaged 16.4 million barrels per day, up by 519,000 barrels per day from the previous week. Refineries operated at 89.5% of their capacity, while gasoline production decreased, averaging 10.1 million barrels per day.

Imports of crude oil in the US averaged 6 million barrels per day, up by 222,000 barrels per day from the previous week. Total commercial petroleum inventories fell by 5 million barrels.

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Breaking the News / JC