Scandoil  

EIA says gasoline stocks jump 10.576 million barrels


Published Jan 8, 2016
The U.S. Energy Information Administration (EIA)

U.S. gasoline stocks soared 10.576 million barrels to 231.996 million barrels in the week that ended Friday, U.S. Energy Information Administration (EIA) data showed Wednesday. Analysts surveyed Monday by Platts were looking for a draw of 1 million barrels.

Refinery activity was steady last week. Crude oil runs fell 65,000 barrels per day (b/d) last week to 16.617 million b/d. The refinery utilization rate dipped 0.1 percentage point to 92.5% of capacity.

Refinery behavior was almost unchanged last week, but the amount of unfinished gasoline blended with ethanol at terminals fell sharply, according to Rob Merriam, manager of petroleum supply statistics for the EIA. More unfinished gasoline was produced than blended at terminals to make finished products, as demonstrated by the fact the net input of gasoline blending components was negative last week, he said.

Tags: The U.S. Energy Information Administration (EIA)




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml