Crude Oil Inventories In U.S. Rise 4 MB Last week: EIA

By IBTimes Staff Reporter | April 25 2012 11:05 AM

The Energy Information Administration report showed that the U.S. commercial crude oil inventories increased by 4.0 million barrels from the previous week. At 373.0 million barrels, U.S. crude oil inventories are in the upper limit of the average range for this time of year.

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Total motor gasoline inventories decreased by 2.2 million barrels last week and are in the upper limit of the average range.

Both finished gasoline inventories and blending components inventories decreased last week. Distillate fuel inventories decreased by 3.1 million barrels last week and are in the middle of the average range for this time of year.