Wednesday, October 5, 2016

U.S. oil stocks sink – Today’s Industry

The u.s. stocks of crude oil fell 3.0 million barrels last week. It shows statistics from the U.S. department of energy, DOE.

According to the Bloomberg News survey expected inventories to have risen 1.1 million barrels.

The unofficial lagerstatistiken from the American Petroleum Institute, as reported on Tuesday, showed a decline of 7.6 million barrels.

Stocks in Cushing, the delivery point for WTI oil, rose by 0.6 million barrels, as expected, was a rise by 0.3 million barrels.

Stocks of gasoline rose 0.2 million barrels, as expected, was-0.1.

Stocks of distillates fell 2.4 million barrels during the week, as expected, was-1.2.

capacity Utilization at refineries fell by of 1.80 percentage points, as expected, was -0,75 percentage points.


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