US DATA: 10-Dec wk EIA Oil Stocks: “U.S. commercial crude oil
inventories (excluding those in the Strategic Petroleum Reserve)
decreased by 9.9 million barrels from the previous week. At 346.0
million barrels, U.S. crude oil inventories are above the upper limit of
the average range for this time of year. Total motor gasoline
inventories increased by 0.8 million barrels last week and are in the
upper half of the average range. Finished gasoline inventories decreased
while blending components inventories increased last week. Distillate
fuel inventories increased by 1.1 million barrels and are just above the
upper limit of the average range for this time of year.
Propane/propylene inventories decreased by 1.9 million barrels last week
and are in the lower half of the average range. Total commercial
petroleum inventories decreased by 15.6 million barrels last week.