Home Investing News Oil Stockpile Dropped 6.422 Million Barrels Last Week: EIA

Oil Stockpile Dropped 6.422 Million Barrels Last Week: EIA

by
Commodities21 minutes ago (Sep 15, 2021 10:32AM ET)

(C) Reuters.

Investing.com — U.S. oil stockpiles dropped by more than expected in the latest week, the Energy Information Administration said on Wednesday.

Crude oil inventories dropped by 6.422 million barrels last week, compared with analysts’ expectations for a draw of 3.544 million barrels.

Distillate stockpiles, which include diesel and heating oil, fell by 1.688 million barrels in the week against expectations for a draw of 1.612 million barrels, the EIA data showed.

Gasoline inventories declined by 1.848 million barrels last week the EIA said, compared with expectations for a draw of 1.957 million barrels.

Oil Stockpile Dropped 6.422 Million Barrels Last Week: EIA

Explainer: Bleak house: Why Europe faces steep winter energy bills
By Reuters – Sep 15, 2021

By Nina Chestney LONDON (Reuters) – Households across Europe face much higher winter energy bills due to a global surge in wholesale power and gas prices and consumer groups have…

Oil prices jump over $2 after drawdown in U.S. stocks
By Reuters – Sep 15, 2021

By Noah Browning LONDON (Reuters) -Oil prices rose over $2 on Wednesday after industry data showed a larger-than-expected drawdown in U.S. crude inventories and on expectations…

EU to suspend planned tariffs on Chinese aluminium, lobby group says
By Reuters – Sep 15, 2021

BRUSSELS (Reuters) – The European Union is set to impose duties on aluminium from China in October, only to suspend them for nine months, the EU industry association said on…

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Our Apps

Terms And Conditions
Privacy Policy
Risk Warning

(C) 2007-2021 Fusion Media Limited. All Rights Reserved

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Related News