Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



U.S. Crude Oil Supplies Increase 0.4%

U.S. crude oil supplies increased by 1.7 million barrels (0.4%) in the week ending April 25, according to an Energy Information Administration report (link opens a PDF) released today.

After supplies expanded by 3.5 million barrels the previous week, this report marks the fourth-straight week of inventory increases. This latest increase stems primarily from a slight slowdown in refinery input. Overall inventories have increased 1% in the past 12 months. 


Gasoline inventories expanded by 1.6 million barrels (0.8%) after shrinking by 0.3 million barrels the week before. Demand for motor gasoline over the last four-week period is up a seasonally adjusted 2.1%. In the last year, supplies have dropped 2%. 

Over the past week, retail gasoline pump prices increased $0.04 to $3.713 per gallon.


Distillates supplies, which include diesel and heating oil, increased by 1.9 million barrels (1.7%) for the fifth expansion in six weeks. Distillates demand for the last four weeks is up a seasonally adjusted 7.5%. In the past year, distillates inventories have fallen 1.2%. 


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2937769, ~/Articles/ArticleHandler.aspx, 9/3/2015 3:00:22 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Justin Loiseau

Energy and Macroeconomic Specialist keeping investors up to date with macro news, utilities, and good companies doing good things.

Today's Market

updated 5 hours ago Sponsored by:
DOW 16,351.38 293.03 1.82%
S&P 500 1,948.86 35.01 1.83%
NASD 4,749.98 113.87 2.46%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes