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    Home > Chemicals Industry > Petrochemical News > Crude oil inventories fell more than expected, and the United States and Burundi oil fell back in the short term

    Crude oil inventories fell more than expected, and the United States and Burundi oil fell back in the short term

    • Last Update: 2023-02-22
    • Source: Internet
    • Author: User
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    Data released by the U.
    S.
    EIA showed that U.
    S.
    commercial crude inventories excluding strategic reserves fell more than expected in the week ended May 13, refined oil inventories increased more than expected, and gasoline inventories fell more than expected
    .
    After the EIA data was released, the two oil stocks of the United States and Bubeans rose in the short term, and then fell back to refresh the daily low
    .

    Data showed that EIA crude oil inventories in the United States fell by 3.
    394 million barrels in the week ended May 13, compared with an expected increase of 1.
    383 million barrels and an increase of 8.
    487 million barrels
    in the previous month.

    U.
    S.
    EIA gasoline inventories fell by 4.
    779 million barrels in the week ended May 13, compared with an expected decrease of 1.
    333 million barrels and a decrease of 3.
    607 million barrels
    in the previous month.
    U.
    S.
    EIA refined oil inventories rose by 1.
    235 million barrels in the week ended May 13, compared with an expected decrease of 800,000 barrels and a decrease of 913,000 barrels
    in the previous month.

    U.
    S.
    domestic crude oil production rose by 100,000 barrels per day to 11.
    9 million b/d
    last week, according to the EIA report.
    U.
    S.
    crude exports rose 641,000 b/d to 3.
    52 million b/d
    last week.
    The four-week average supply of U.
    S.
    crude products was 19.
    545 million b/d, up 1.
    7%
    from a year earlier.

    Commercial crude inventories, excluding strategic reserves, fell by 3.
    394 million barrels to 420.
    8 million barrels, down 0.
    8%.

    Commercial crude excluding strategic reserves imported 6.
    568 million b/d last week, up 299,000 b/d
    from the previous week.

    The EIA report showed that EIA gasoline inventories in the United States fell by the largest since the week of October 15, 2021, marking the seventh consecutive week of decline
    , according to the EIA report.
    U.
    S.
    commercial crude oil imports excluding strategic reserves in the week ended May 13 were the highest
    since the week of Feb.
    18, 2022.
    U.
    S.
    EIA stocks for the week ended May 13 were the lowest
    since the week of November 27, 1987.

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