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    Home ยป US Crude Stockpiles Rose by 1.1 Million Barrels Last Week-EIA
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    US Crude Stockpiles Rose by 1.1 Million Barrels Last Week-EIA

    February 16, 20221 Min Read
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    • US commercial crude oil inventories increased by 1.1 million barrels from the prior week.
    • At 411.5M barrels, US crude oil inventories are nearly 10% below the five-year average for this time of year.
    • Total motor gasoline inventories fell by 1.3 million barrels last week and are nearly 3% below the five-year average for the season.
    • Meanwhile, U.S. crude oil imports hovered around 5.8 million barrels per day last week, falling by 0.6 million barrels per day from the prior week.
    • During the last four weeks, crude oil imports hovered around 6.4 million barrels per day, 9.3% higher than the same period last year.

    Distillate fuel product supplied hovered around 4.5M barrels per day in the last four weeks, rising by 4.5% during the same period last year. Jet fuel supplied jumped 27.7% in the same period.

    CL1! Up +2.29%, USOIL up +2.50%

    Source: EIA

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