decline in oil and gasoline inventories

(CercleFinance.com) – US crude oil and gasoline inventories fell last week, figures from the US Energy Information Agency (EIA) show.

Crude inventories fell 3.4 million barrels to 420.8 million barrels, while gasoline reserves fell 4.8 million barrels.

Stocks of distillates, which include domestic fuel oil, for their part, increased by 1.2 million barrels.

The refinery capacity utilization rate rose to 91.8%, against 91% the previous week.

Crude prices were down after these statistics, the West Texas Intermediate (WTI) contract currently losing 0.1% to 112.3 dollars.

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