U S crude oil inventories decrease by 7 4 million barrels oilandgas360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilandgas360.com Daily Mail and Mail on Sunday newspapers.
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U.S. crude oil inventories decrease by 5.1 million barrels
U.S. commercial crude oil inventories (
excluding those in the Strategic Petroleum Reserve) decreased by 5.1 million barrels from the previous week. At 479.3 million barrels, U.S. crude oil inventories are about 3% below the five year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of May 28, 2021.
Summary of weekly petroleum data for the week ending May 28, 2021
U.S. crude oil refinery inputs averaged 15.6 million barrels per day during the week ending May 28, 2021, which was 358,000 barrels per day more than the previous week’s average. Refineries operated at
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.