• Sign up for the Daily Digest E-mail
  • Facebook
  • Twitter
  • LinkedIn

BOE Report

Sign up
  • Home
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
  • Industry Data
    • Canada Oil Market Data
    • Canada NG Market Data
    • USA Market Data
    • Data Downloads
  • Jobs

US crude oil supplies grew by 300,000 barrels

June 19, 201311:42 AM BOE Report Staff

NEW YORK (AP) — The nation’s crude oil supplies increased last week, the government said Wednesday.

Crude supplies grew by 300,000 barrels, or 0.1 percent, to 394.1 million barrels, which is 1.8 percent above year-ago levels, the Energy Department’s Energy Information Administration said in its weekly report.

Analysts expected a drop of 1 million barrels for the week ended June 14, according to Platts, the energy information arm of McGraw-Hill Cos.

Gasoline supplies grew by 200,000 barrels, or 0.1 percent, to 221.7 million barrels. That’s 9.4 percent more than year-ago levels. Analysts expected gasoline supplies to increase by 1.2 million barrels.

Demand for gasoline over the four weeks ended June 14 was 0.4 percent lower than a year earlier, averaging 8.8 million barrels a day.

U.S. refineries ran at 89.3 percent of total capacity on average, up 1.8 percentage points from the prior week. Analysts expected capacity to increase to 88.5 percent.

Supplies of distillate fuel, which include diesel and heating oil, fell by 500,000 barrels to 121.6 million barrels. Analysts expected distillate stocks to rise by 300,000 barrels.

Benchmark crude fell 27 cents to $98.40 a barrel in New York.

Follow the BOE Report
  • Facebook
  • Twitter
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • U.S. court vacates decision to block federal oil, gas leasing pause
  • Oil prices turn more volatile as investors worry about market
  • AltaGas announces closing of hybrid note offering
  • NW Pembina Cardium Land for sale or farmout
  • Calroc Industries has the following equipment for sale

Return to Home
Alberta Gas
CAD/GJ
Market Data by TradingView

    Report Error





    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • App
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contribute
    • Contact
    • Report Error
    Featured In
    • CamTrader
    • Rigger Talk
    Data Partner
    • Foxterra
    BOE Network
    © 2022 Grobes Media Inc.