Crude inventories in the US dropped by 6.422 million barrels in the week ended September 10, following an 1.529 million decrease in the previous week and compared with analysts’ estimates of a 3.544 million decline, according to the EIA Petroleum Status Report.
Cushing Crude Oil inventories decreased to 1,103 million barrels, following a 1.918 million barrels increase from last week.
Gasoline inventories fell by 1.858 million barrels, following a 7.215 million barrels decline in the prior period and above analysts’ expectations of 1.957 million barrels drop.
US distillate inventories increased to -1.688 million barrels after from -3.142 million barrels in the previous week.
The publication of today's report did not have a significant impact on the oil prices. WTI Oil (OIL.WTI) continues to trade around the $72,80 level. Source: xStation5