OctaFX | OctaFX Forex Broker
Open trading account
Back

EIA: Commercial crude oil inventories stayed virtually unchanged in week ending Dec. 21

Below are some key highlights from the weekly report published by the U.S. Energy Information Administration.

  • U.S. crude oil refinery inputs averaged 17.4 million barrels per day during the week ending December 21, 2018, which was 58,000 barrels per day less than the previous week’s average. 
  • Gasoline production decreased last week, averaging 10.1 million barrels per day.
  • Distillate fuel production increased last week, averaging 5.4 million barrels per day
  • U.S. crude oil imports averaged 7.7 million barrels per day last week, up by 233,000 barrels per day from the previous week. 
  • U.S. commercial crude oil inventories remained virtually unchanged from the previous week. 
  • Total products supplied over the last four-week period averaged 21.3 million barrels per day, up by 3.4% from the same period last year. 

United States EIA Crude Oil Stocks change came in at -0.046M, above forecasts (-2.869M) in December 21

United States EIA Crude Oil Stocks change came in at -0.046M, above forecasts (-2.869M) in December 21
Read more Previous

GBP/USD consolidates gains and continues to test 1.2700

The rebound of GBP/USD from 1.2630 found resistance below the 1.2700 area. It failed to break higher and pulled back modestly. As of writing trades at
Read more Next
Start livechat