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EIA: US crude inventories piled up despite higher refinery run ratesEIA: US crude inventories piled up despite higher refinery run rates |
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The commercial crude inventory in the US increased by 2.4 million tons in the week ending 1 April 2022 to 412.4 million barrels, based on the latest data from the Energy Information Agency (EIA).
Meanwhile, the refinery utilisation rate rose to 92.5%, a 0.4 percentage point higher than the previous week.
Gasoline inventories decreased 2 million barrels to 236.8 million barrels, signalling the continued growing demand ahead of the summer driving season.
