Highlights From This Morning’s EIA Energy Stocks Report
Crude Oil inventories fell by 5.2 million barrels last week to stand at 335.2 million barrels.
Gasoline inventories fell by 1.1 million barrels to stand at 201.9 million barrels.
Distillate inventories rose by 200,000 barrels to stand at 127.7 million barrels.
Oil stocks at Cushing, Oklahoma fell by 900,000 barrels to 18.4 million barrels – the lowest levels since December of 2005.
Gasoline imports fell by 184,000 barrels per day to 1.213 million b/d
Refinery utilization ran at 91.8% versus 91.3% last week.
Mike Zarembski Senior Commodity Analyst
