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Crude Inventories: EIA says US oil stocks dn by 2.3 mln bbl in week ended Fri; exports fall

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Crude Inventories

EIA says US oil stocks dn by 2.3 mln bbl in week ended Fri; exports fall

This story was originally published at 11:53 IST on February 27, 2025  Back
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Crude oil inventories in the US, excluding those in the Strategic Petroleum Reserves, fell by 2.3 million barrels from the previous week to 430.2 million barrels in the week ended Friday, while analysts at Dow Jones expected the stocks to rise by 1.7 million barrels. US crude oil stocks were about 4?low the five-year average for this time of the year, the US Energy Information Administration said in its weekly report on Wednesday.

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