U.S. OIL INVENTORIES 441.5 MBBL DOWN 500 TBBL
OGJ - US crude oil inventories, excluding the Strategic Petroleum Reserve, decreased by 500,000 bbl for the week ended Dec. 14, according to data from the US Energy Information Administration.
At 441.5 million bbl, US crude oil inventories are about 7% above the 5-year average for this time of year, the report indicated.
Separately, the American Petroleum Institute said its own estimates showed US crude inventories increased by 3.5 million bbl last week.
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.