⁍ U.S. crude inventories fell by 4.4 million barrels in the week to Sept. 11 to 496 million barrels.
⁍ Analysts’ expectations in a Reuters poll for a 1.3 million-barrel rise.
⁍ U.S. gasoline stocks fell by 0.4 million barrels in the week to 231.5 million barrels.
⁍ Distillate stockpiles, which include diesel and heating oil, rose by 3.5 million barrels.
– US crude oil inventories fell by 4.4 million barrels in the week ending Sept. 11, the Energy Information Administration said Wednesday, surprising analysts who had expected a rise of 1.3 million barrels, Reuters reports. Refinery crude runs rose by 709,000 barrels per day, the EIA said. Refinery utilization rates rose by 4 percentage points, in the week. gasoline stocks fell by 0.4 million barrels in the week to 231.5 million barrels, the EIA said, compared with analysts’ expectations in a Reuters poll for a 160,000-barrel drop. Distillate stockpiles, which include diesel and heating oil, rose by 3.5 million barrels in the week to 179.3 million barrels, versus expectations for a 600,000-barrel rise. Net US crude imports fell by 66,000 barrels per day, EIA said.
Source: https://www.reuters.com/article/us-usa-oil-eia/us-crudes-drop-by-four-million-bbls-diesel-stocks-rise-eia-idUSKBN2672K6