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NEW YORK (Reuters) – Crude oil inventories in the United States declined last week, while gasoline inventories fell and distillate inventories rose, data from the United States showed Tuesday. American Petroleum Institute.
Crude inventories fell 3.4 million barrels during the week ending Aug. 2 to 439.6 million barrels, while badysts forecast a decline of 2.8 million barrels. barrels.
Crude stocks at the delivery point in Cushing, Oklahoma, fell 1.6 million barrels, the institute announced.
Data from the Institute of Petroleum indicate a high crude oil refinery consumption of 574,000 barrels per day.
Gasoline inventories fell by 1.1 million barrels, while badysts forecast a drop of 722,000 barrels.
Distillate inventories, which include diesel and fuel oil, increased 1.2 million barrels, up from 482,000 barrels, according to the Petroleum Institute.
US crude oil imports increased by 442,000 barrels per day to 7.1 million barrels per day.
(Reuters)
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