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United States: Crude Oil Stockpiles Decrease Less Than Expected

Crude oil stockpiles in the United States decreased by one million barrels last week, a figure lower than expected, due to a drop in exports despite intensified refining activities.

United States: Crude Oil Stockpiles Decrease Less Than Expected

CountriesÉtats-Unis
CompaniesKpler, United States Energy Information Administration (EIA)
SectorPétrole
ThemeMarchés & Finance, Analyse sectorielle

The recent data from the U.S. Energy Information Administration (EIA) reveals a smaller-than-expected reduction in commercial crude oil stockpiles in the United States. During the week ending January 3, reserves fell by only one million barrels, whereas analysts had anticipated a two-million-barrel decline, according to a consensus reported by Bloomberg.

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