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EIA: US crude stockpiles down by 0.9 million barrels

Crude oil inventories in the United States declined by 0.9 million to land at 501.8 million barrels in the week ending March 26, according to a report released by the US Energy Information Administration on Wednesday.

NEWS IN ENGLISH 01.04.2021, 15:24
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EIA: US crude stockpiles down by 0.9 million barrels

The country's crude oil imports went up by 0.5 million barrels per day last week to reach 6.1 million barrels per day. Gasoline production averaging 9.3 million barrels per day, marking a growth compared to the previous week.


US crude oil refinery inputs stood at 14.9 million barrels per day during the same seven-day period, up by 0.6 million barrels per day from the previous week's average, while refineries across the country operated at 83.9 percent of their capacity.


Crude inventories in the United States rose by 3.91 million barrels in the week ending March 26, private data from the American Petroleum Institute (API) reportedly showed on Tuesday.
Meanwhile, gasoline stockpiles in the US declined by 6,021,000 barrels during the same week, while the country's distillate reserves rose by 2,595,000 barrels.


The number of oil rigs in the United States rose by 6 to 324 in the week ending March 17, data from Baker Hughes showed on Friday.


During the same period, the number of US gas and miscellaneous rigs rose remained unchanged at 92 and 1 respectively, bringing the overall figure to 417. Compared to the same period a year earlier, the number of rigs is down by 311.

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