U.S. crude oil inventories fall for second weekStaff Writer | June 22, 2017
Crude oil inventories in the States shrank for a second week in a row alongside a drop in gasoline stockpiles, official data showed.
Oil exploration Gasoline stockpiles were lower
Economists had forecast a fall of 2.0m barrels.
In parallel, imports of crude slipped by 149,000 barrels per day from the prior week, lowering the average daily rate last week to 7.9m.
Gasoline stockpiles were also lower, decreasing by 0.6m barrels as refineries operated at 94.0% capacity.
Inventories of distillates on the other hand rose by 1.1m barrels. ■