Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » U.S. crude stocks decline unexpectedly last week – EIA

    U.S. crude stocks decline unexpectedly last week – EIA

    April 18, 2019
    Share
    Facebook Twitter LinkedIn WhatsApp
    U.S. crude stocks decline unexpectedly last week - EIA
    *Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing, Oklahoma. REUTERS/Nick Oxford.

    New York — U.S. crude stocks fell last week as imports dropped, while gasoline and distillate inventories decreased, the Energy Information Administration said on Wednesday.

    Crude inventories fell by 1.4 million barrels in the last week, compared with analysts’ expectations for an increase of 1.7 million barrels.

    Net U.S. crude imports fell last week by 659,000 barrels per day.

    Crude stocks at the Cushing, Oklahoma, delivery hub fell by 1.54 million barrels, EIA said.

    Refinery crude runs fell by 22,000 barrels per day, EIA data showed. Refinery utilization rates rose by 0.2 percentage points.

    Gasoline stocks fell by 1.2 million barrels, compared with analysts’ expectations in a Reuters poll for a 2.1 million barrels drop.

    Distillate stockpiles, which include diesel and heating oil, fell by 362,000 barrels, versus expectations for a 846,000 barrels drop, the EIA data showed.

    Follow us on twitter

    Related News

    Ghana’s President urges investors to speed up crude oil extraction

    Tullow Oil finalizes terms to sell Gabon assets in $300 million deal

    Navy dismantles nine illegal refineries, seizes stolen crude in Rivers

    E-book
    Resilience Exhibition

    Latest News

    Ghana’s President urges investors to speed up crude oil extraction

    May 14, 2025

    Nigeria’s Dangote oil refinery cancels June maintenance at gasoline unit

    May 14, 2025

    African Ministers to tackle energy investment gap at IAE 2025

    May 14, 2025

    Tullow Oil finalizes terms to sell Gabon assets in $300 million deal

    May 14, 2025

    AOG 2025 affirms oil and gas as a development driver

    May 14, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.