EIA: US crude inventories rose for the first time in weeks as production returned
EIA: US crude inventories rose for the first time in weeks as production returned
In the latest report from the Energy Information Agency, US crude inventories rose 4.6 million barrels in the week to 24 September 2021 to 418.5 million barrels, the first increase in weeks as producers resumed operations after two back-to-back hurricanes.
The Agency said that US crude outputs jumped 500,000 barrels per day last week to 11.1 million barrels per day.
Refinery utilization rates gain 0.6 percentage points to 88.1%.
Gasoline inventories increased 193,000 barrels to 221.8 million barrels.