US Crude Stocks Fall, Gasoline and Distillate Inventories Rise, EIA Says

(Reuters) – DENVER, Jan 7 – U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration said on Wednesday.

Crude inventories fell by 3.8 million barrels to 419.1 million barrels in the week ended January 2, the EIA said, compared with analysts’ expectations in a Reuters poll for a 447,000-barrel rise.


Get the Latest US Focused Energy News Delivered to You! It’s FREE:


Crude stocks at the Cushing, Oklahoma, delivery hub rose by 728,000 barrels in the week, the EIA said.

Refinery crude runs rose by 62,000 barrels per day, the EIA said, while utilization rates were unchanged in the week at 94.7%.

U.S. gasoline stocks rose by 7.7 million barrels in the week to 242 million barrels, the EIA said, compared with analysts’ expectations in a Reuters poll for a 3.2 million-barrel build.​

Distillate stockpiles, which include diesel and heating oil, rose by 5.6 million barrels in the week to 129.3 million barrels, versus expectations for a 2.1 million-barrel rise, the EIA data showed.

Net U.S. crude imports rose last week by 563,000 barrels per day, EIA said.

Reporting by Liz Hampton in Denver;

Share This:


More News Articles

 

  • Related Posts

    Oil Shipments Rise in Hormuz Although Questions Grow Over Iran’s Transit Terms

    Oil shipments through the Strait of Hormuz picked up on Friday after the United States and Iran signed a ceasefire deal, with Gulf producers preparing to raise exports despite concerns…

    Iran Closes Strait of Hormuz Again and Says its Negotiating Team With U.S. is Heading to Switzerland

    The Associated Press Iran has closed the Strait of Hormuz after Israel’s continued attacks in Lebanon. DUBAI, United Arab Emirates — Iran dealt two quick blows to the interim agreement…

    Have You Seen?

    Video | Cost, leaks and compliance: hospital medical gas challenges

    • June 22, 2026
    Video | Cost, leaks and compliance: hospital medical gas challenges

    Fortescue to charter 12 new CMB.Tech ammonia-ready vessels

    • June 22, 2026
    Fortescue to charter 12 new CMB.Tech ammonia-ready vessels

    UrbanChain Signs 15-Year Renewable Energy Supply Agreement With AMPYR Distributed Energy In The UK

    • June 22, 2026
    UrbanChain Signs 15-Year Renewable Energy Supply Agreement With AMPYR Distributed Energy In The UK

    QatarEnergy confirms explosion during Ras Laffan restart

    • June 22, 2026
    QatarEnergy confirms explosion during Ras Laffan restart

    QatarEnergy confirms explosion during Ras Laffan restart

    • June 22, 2026
    QatarEnergy confirms explosion during Ras Laffan restart

    SolarPower Europe Reports Record 664 GW Of Global Solar Installations In 2025 Despite Slower Market Growth

    • June 22, 2026
    SolarPower Europe Reports Record 664 GW Of Global Solar Installations In 2025 Despite Slower Market Growth

    European Energy Signs Operations And Maintenance Agreement For 70 MW Solar Park In Bredebro, Denmark

    • June 22, 2026
    European Energy Signs Operations And Maintenance Agreement For 70 MW Solar Park In Bredebro, Denmark

    National Company Law Tribunal Initiates Insolvency Resolution Process Over ₹9.44 Crore Operational Debt Dispute

    • June 22, 2026
    National Company Law Tribunal Initiates Insolvency Resolution Process Over ₹9.44 Crore Operational Debt Dispute

    CPH2 seeks survival funding after flagship electrolyser failure as CEO, Chair exit

    • June 22, 2026
    CPH2 seeks survival funding after flagship electrolyser failure as CEO, Chair exit

    Sahaj Solar Expands Global Presence With New Solar Panel Manufacturing Joint Venture In The UAE

    • June 22, 2026
    Sahaj Solar Expands Global Presence With New Solar Panel Manufacturing Joint Venture In The UAE