English
Crude stocks in the US Petroleum Reserve fell last week to their lowest level since December 1984
The US Energy Information Administration said Wednesday, August 31, that US oil and gasoline stocks fell last week, while distillate stocks increased.
Data from the government agency showed that crude stocks fell 3.3 million barrels in the week ending August 26 to 418.3 million barrels, compared to expectations of analysts polled by Reuters for a decline of 1.5 million barrels.
Gasoline stocks fell by 1.2 million barrels to 214.5 million barrels, matching analyst expectations.
The Energy Information Administration said distillate stocks, which include diesel and heating oil, rose by 111,000 barrels to 111.7 million barrels, while it was expected to fall by 960,000 barrels.
She added that the net US imports of crude oil fell last week by 5,000 barrels per day to 1.99 million barrels per day.
