(Finance) – They rose more than expected crude oil inventories in the USA in the last week. The EIA, the division of the US Department of Energy, reported that crude oil stocks, in the last seven days to October 18, 2024, rose by approximately 5.5 million barrels to 426 MBG, against expectations for an increase of 0.8 million.
The stocks of distillates recorded a decrease of 1.1 million, reaching 113.8 MBG, against expectations for a change of -2 million, while inventories of petrols recorded an increase of 0.9 million to 213.6 MBG (a decrease of 1.6 million was expected).
The strategic reserves of oil increased by 0.8 million to 384.6 MBG.