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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SJS who wrote (25335)7/8/1998 5:56:00 PM
From: P.Prazeres  Read Replies (1) of 95453
 
U.S. DOE Says Crude Oil Stocks Decreased 2.9 Million Bbl

Washington, July 8 (Bloomberg) -- U.S. crude oil inventories decreased by 2.9 million barrels to 340.4 million barrels in the week ending July 3, the U.S. Department of Energy says.

The latest DOE weekly petroleum statistics show crude oil stocks are 20.8 million barrels more than the same time a year ago.

Crude stocks were 343.3 million barrels in the report for the previous week.

U.S. gasoline stocks decreased by 4.2 million barrels to 218.2 million barrels, up 14.8 million barrels from the same time a year ago, the DOE said.

Gasoline stocks were 222.4 million barrels in the previous week.

U.S. distillate stocks increased by 2.0 million barrels to 133.7 million barrels, up 15.3 million barrels from the same time a year ago, the DOE said.

Residual fuel stocks decreased by 1.8 million barrels to 39.6 million barrels, down 0.7 million barrels from the same time a year ago, the DOE said.

Residual fuel stocks were 38.9 million barrels in the previous week.

Weekly U.S. crude imports, excluding crude oil held in the Strategic Petroleum Reserve, decreased by 2.314 million barrels to 7.704 million barrels per day. Crude oil imports were 10.018 million barrels in the previous week.

U.S. refineries operated at 98.2% of capacity compared with 98.4% in the previous week.

09:05:57 07/08/1998
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