9,006.55 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
34.29 USD USD USD
37.25 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
44.62 TRY Interest Interest
72.99 USD Fossil Oil Fossil Oil
33.70 USD Silver Silver
4.35 USD Copper Copper
102.49 USD Iron Ore Iron Ore
375.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,067.38 TRY Gold (gr) Gold (gr)

The USA crude oil inventories increased

The USA commercial crude oil inventories increased by 700 thousand barrels last week compared to the previous week.

The USA crude oil inventories increased

The USA Energy Information Administration (EIA) announced that commercial crude oil stocks in the country increased by 700 thousand barrels (0.2 percent) last week to approximately 414 million 400 thousand barrels. The market expectation was that inventories would increase by approximately 2 million 167 thousand barrels.

Strategic crude oil stocks, which are not included in commercial crude oil stocks, decreased by 2 million 900 thousand barrels (0.5 percent) to 553 million 100 thousand barrels.

In the said period, the gasoline stocks of the USA decreased by 1 million 600 thousand barrels (0.7 percent) to 230 million 800 thousand barrels.

Oil production increased
The USA's crude oil imports increased by an average of 98 thousand barrels per day compared to the previous week and became 5 million 934 thousand barrels, while exports decreased by an average of 549 thousand barrels per day to 3 million 721 thousand barrels.

The country's daily crude oil production, on the other hand, increased by 19 thousand barrels in the week of April 16-22 and reached approximately 12 million 347 thousand barrels.

According to the EIA's "April 2022 Short-Term Energy Outlook Report, the average daily crude oil production of the United States is expected to reach 12 million barrels per day in 2022 and 13 million barrels next year, reaching the highest production level ever."

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

IMF: EU slowdown, US strength

Friday, October 25, 2024

Germany considers new economic plan

Friday, October 25, 2024

World Bank finances Türkiye $1.9 billion for 4 projects

Wednesday, October 23, 2024

Ministry of Energy and Natural Resources aims to increase the use of domestic resources in electricity generation

Sunday, October 20, 2024

US import and export price indixes declined in September

Thursday, October 17, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now