U.S. crude oil inventories increase last week: EIA

Time:2020-07-09 16:51:18      Source:Xinhuanet.com
U.S. crude oil inventories increased during the week ending July 3, the U.S. Energy Information Administration (EIA) said in a report on Wednesday.
 
According to the Weekly Petroleum Status Report, U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, increased by 5.7 million barrels from the previous week.
 
At 539.2 million barrels, U.S. crude oil inventories were about 18 percent above the five-year average for this time of year.
 
According to the EIA, total motor gasoline inventories decreased by 4.8 million barrels last week and were about 8 percent above the five-year average for this time of year. Finished gasoline and blending components inventories both decreased last week.
 
Distillate fuel inventories increased by 3.1 million barrels last week and were about 27 percent above the five-year average for this time of year.
 
Propane/propylene inventories increased by 2.2 million barrels last week and were about 7 percent above the five-year average for this time of year. Total commercial petroleum inventories increased last week by 9.8 million barrels last week. 
Index RMB/t DoD Basis Date
Datong 5500 665 20 ex-mine 05-08
Shuozhou 5200 695 30 FOR 05-08
Ordos 5500 620 10 ex-mine 05-08
Yulin 6200 680 0 ex-mine 05-08
Liulin Low-sulphur 960 0 ex-mine 05-08
Gujiao Low-sulphur 1780 60 FOR 05-08
Xingtai Low-sulphur 1730 0 ex-Factory 05-08
Yangquan PCI 1000 0 FOR 05-08
Index RMB/t WoW WoW% Date
Qinhuangdao 494.0 55.0 12.53 05-06
Caofeidian 412.1 33.2 8.76 05-06
Huanghua 216.6 32.7 17.78 04-29
Guangzhou 267.7 -1.3 -0.48 05-06
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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