3/23, 3:31 PM (Source: TeleTrader)
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EIA: US crude inventories down 2.5M barrels

The crude oil inventories in the United States decreased by 2.5 million barrels to 413.4 million in the week ending March 18, the US Energy Information Administration revealed in its latest report on Wednesday.

Crude oil refinery inputs averaged 15.9 million barrels per day, 276,000 barrels per day more than the previous week’s average, while refineries operated at 91.1% of their capacity. Meanwhile, crude oil imports averaged 6.5 million barrels per day, up by 92,000 barrels per day from the previous week.

Baha Breaking News (BBN) / DJ