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US crude stocks build below estimates

April 24, 2013 9:49 AM
BOE Report Staff

U.S. commercial crude oil inventories increased 0.9 million barrels from the previous week, below the expected build of ~1.5 million barrels. Total crude oil stocks of 388.6 million barrels are well above the upper limit of the average range for this time of year. Total commercial petroleum inventories decreased by 1.9 million barrels last week.

[table]
[attr style=”width: 25%”]April 19`[attr style=”width: 25%”]April 12`[attr style=”width: 25%”]Change`[attr style=”width: 25%”]% Change
388,600`387,600`+1,000`+0.3%
[/table]

Source: EIA

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