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U.S. crude, gasoline shares down – EIA

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U.S. crude, gasoline shares down – EIA

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July 27 (Reuters)U.S. crude and gasoline shares fell in the latest week, the U.S. Power Info Administration stated.

Crude inventories USOILC=ECI dropped 4.5 million barrels, in contrast with analysts’ expectations in a Reuters ballot for a 1 million-barrel drop.

Crude shares on the Cushing, Oklahoma, supply hub USOICC=ECI rose by 751,000 barrels within the final week, EIA stated.

Refinery crude runs USOICR=ECI fell by 292,000 barrels per day within the final week, EIA stated.

Refinery utilization charges USOIRU=ECI fell by 1.5 proportion factors within the week

U.S. gasoline shares USOILG=ECI fell by 3.Three million barrels on the week to 225.1 million barrels, the EIA stated, in contrast with analysts’ expectations in a Reuters ballot for a 0.9 million-barrel drop.​

Distillate stockpiles USOILD=ECI, which embody diesel and heating oil, rose by 784,000 barrels within the week to 111.7 million barrels, versus expectations for a 0.5 million-barrel rise, the EIA knowledge confirmed.

Web U.S. crude imports USOICI=ECI fell by 1.14 million barrels per day, EIA stated.

(Reporting By David Gaffen)

((david.gaffen@thomsonreuters.com; +1-646-223-6064; Reuters Messaging: david.gaffen.reuters.com@reuters.web))

The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.

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