U.S. oil inventories jump but product stockpiles dropStaff Writer | March 9, 2017
U.S. oil inventories rocketed last week, but gains were offset by sharp falls in product stockpiles.
Oil exploration The Energy Information Administration:
However, those of motor gasoline plummeted by 6.6m barrels, together with a 2.7m barrel fall in those of distillates.
In parallel, imports ran at an average pace of 8.2m barrels a day last week, which was 561,000 barrels more than during the previous week.
Meanwhile, refineries operated at 85.9% of their operating capacity. ■