US crude oil inventories rise international oil pr
2022-05-18- Detail
US crude oil inventories fell on Wednesday due to the rise of international crude oil inventories on Wednesday. At the close of Wednesday, the April light crude oil futures on the New York Mercantile Exchange were $48.14 a barrel, down $1.02 from the previous trading day; London Intercontinental Exchange Brent crude oil may futures $47.66, down $0.58; New York heating oil April futures 126.40 cents per gallon, down 1.07 cents; Rbob gasoline futures in April were 136.57 cents per gallon, down 5.81 cents; London Intercontinental Exchange April diesel futures $402.00 per ton, up $2.25 from the previous trading day
according to the report of the U.S. Department of energy, U.S. crude oil inventories rose 1.94 million barrels to 353.3 million barrels last week, higher than the 1.5 million barrels expected by analysts. Among them, the inventory in Cushing, Oklahoma, where WTI is delivered, increased by 368000 barrels to 33.9 million barrels. In addition, gasoline and distillate oil stocks have also increased for experimental machines driven by servo electric shock
Nauman Barakat, senior vice president of Macquarie futures, said: "there is no data supporting oil prices in the inventory report."
crude oil futures in New York for April delivery on Wednesday fell $1.02, or 2.1%, and the oil price has risen 7.9% this year
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