Home / Market Update / Commodities / U.S. Oil Inventories Down 7.6 M Barrels in Week – EIA

U.S. Oil Inventories Down 7.6 M Barrels in Week – EIA

Crude oil inventories in the United States declined by 7.6 million barrels last week, data showed on Wednesday.

For the week ended June 18, gasoline stockpiles dropped by 2.9 million barrels, while distillate inventories increased by 1.8 million, according to the Energy Information Administration (EIA).

Check Also

FOMC Minutes: Fed Poised for Rate Cut as Tariffs Loom

The Federal Open Market Committee’s June 2025 minutes reveal a consensus among most Federal Reserve …