(Tiper Stock Exchange) – Crude inventories in the US decreased less than expected in the last week. The EIA, the division of the US Department of Energy, has reported that crude oil stocks, in the last seven days to July 14, 2023, are down 0.7 million barrels at 457.4 MBG, vs expected for a decrease of 2.4 million.
The stocks of distillates did not register significant changesat 118.2 MBG, in line with expectations, while inventories at petrols have registered a drop of 1.1 million to 218.4 MBG (a decrease of 1.6 million was expected).
Strategic oil reserves remained stable at 346.8 MBG.
Despite these data, oil continues to trade higher, with Light Crude U.S. trading at $76.39 a barrel, up 0.89%, while the Brent records an increase of 1.16% to 80.55 dollars.
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