Petroleum Status Report –

The weekly Petroleum Status Report from the U.S. Department of Energy indicated a rise in crude oil inventories of 2.6 million barrels.  There were also increases in gasoline inventories of 4.4 million barrels and distillates of 1 million barrels.  All three are above the upper limit of the average range for inventories at this time of year.  The data sent crude prices down over 2$ in trading on Thursday. 

To read the text of the Petroleum Status Report, please click here:

James Sutliff

This entry was posted in Banking, Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading. Bookmark the permalink.