FOREX TradingCharts.com

Financial News: U.S. Crude Oil Inventories Unexpectedly Inch Higher

U.S. Crude Oil Inventories Unexpectedly Inch Higher

04/23/2025 - 10:36:00 (RTTNews)

(RTTNews) - The Energy Information Administration released a report on Wednesday unexpectedly showing an uptick by U.S. crude oil inventories in the week ended April 18th.

The report said crude oil inventories crept up by 0.2 million barrels last week after rising by 0.5 million barrels in the previous week. Economists had expected crude oil inventories to dip by 0.7 million barrels.

At 443.1 million barrels, U.S. crude oil inventories remain about 5 percent below the five-year average for this time of year, the EIA said.

Meanwhile, the EIA said gasoline inventories tumbled by 4.5 million barrels last week and are about 3 percent below the five-year average for this time of year.

Distillate fuel inventories, which include heating oil and diesel, also decreased by 2.4 million barrels last week and are about 13 percent below the five-year average for this time of year, the report said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Three-Year Note Auction Attracts Modestly Below Average Demand (04 hr(s), 27 min(s), 20 sec(s) ago)
(RTTNews) - Kicking off this week's series of announcements of the results of its long-term se ...Full Story»

U.S. Services Index Unexpectedly Increases In April (06 hr(s), 49 min(s), 20 sec(s) ago)
(RTTNews) - A report released by the Institute for Supply Management on Monday showed an unexpecte ...Full Story»

Slovenia Trade Balance Turns To Surplus In March (10 hr(s), 55 min(s), 20 sec(s) ago)
(RTTNews) - Slovenia's foreign trade balance swung to a surplus in March from a deficit in the ...Full Story»

Romania Jobless Rate Falls To 5.5% (11 hr(s), 42 min(s), 20 sec(s) ago)
(RTTNews) - Romania's unemployment rate decreased marginally in March, preliminary data from t ...Full Story»

Turkey Inflation Eases To 37.86%, Lowest In 40 Months (12 hr(s), 39 min(s), 20 sec(s) ago)
(RTTNews) - Turkey's consumer price inflation eased further in April to the lowest in more tha ...Full Story»

Russian Factory Activity Logs Marginal Contraction (13 hr(s), 14 min(s), 20 sec(s) ago)
(RTTNews) - Russia's manufacturing sector deteriorated for the second successive month in Apri ...Full Story»

Singapore Retail Sales Rebound In March (13 hr(s), 38 min(s), 20 sec(s) ago)
(RTTNews) - Singapore retail sales increased in March largely on the back of more demand for jewel ...Full Story»

Swiss Consumer Prices Remain Stagnant In April (14 hr(s), 04 min(s), 20 sec(s) ago)
(RTTNews) - Switzerland's consumer prices showed a flat change in April, the Federal Statistic ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Three-Year Note Auction Attracts Modestly Below Average Demand

05/05/2025 - 13:14 PM (RTTNews)
(RTTNews) - Kicking off this week's series of announcements of the results of its long-term se ...Full Story>>

U.S. Services Index Unexpectedly Increases In April

05/05/2025 - 10:52 AM (RTTNews)
(RTTNews) - A report released by the Institute for Supply Management on Monday showed an unexpecte ...Full Story>>

Slovenia Trade Balance Turns To Surplus In March

05/05/2025 - 06:46 AM (RTTNews)
(RTTNews) - Slovenia's foreign trade balance swung to a surplus in March from a deficit in the ...Full Story>>

Romania Jobless Rate Falls To 5.5%

05/05/2025 - 05:59 AM (RTTNews)
(RTTNews) - Romania's unemployment rate decreased marginally in March, preliminary data from t ...Full Story>>

Turkey Inflation Eases To 37.86%, Lowest In 40 Months

05/05/2025 - 05:02 AM (RTTNews)
(RTTNews) - Turkey's consumer price inflation eased further in April to the lowest in more tha ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.