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12.11.2015 16:44 U.S. crude inventories climb by 4.22 million barrels to 487.03 million in the week to November 06

The U.S. Energy Information Administration (EIA) released its crude oil inventories data on Thursday. U.S. crude inventories increased by 4.22 million barrels to 487.03 million in the week to November 06. It was the seventh consecutive increase.

 

Analysts had expected U.S. crude oil inventories to rise by 1.7 million barrels.

 

Gasoline inventories decreased by 2.1 million barrels, according to the EIA.

 

Crude stocks at the Cushing, Oklahoma, climbed by 2.24 million barrels.

 

U.S. crude oil imports increased by 434,000 barrels per day.

 

Refineries in the U.S. were running at 89.5% of capacity, up from 88.7% the previous week.



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