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US crude oil inventories fall
US commercial crude oil inventories fell by 0.1 million barrels in the week ending 22 June. The US Energy Information Administration says that at 387.2 million barrels, crude oil inventories are above the upper limit of the average range for this time of year. Total motor gasoline inventories increased by 2.1 million barrels last week and are in the lower limit of the average range. Both finished gasoline inventories and blending components inventories increased last week. Distillate fuel inventories decreased by 2.3 million barrels last week and are below the lower limit of the average range for this time of year. ... (full story)
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