US raw material inventories last week: EIA
March 17 (Reuters) – The refinery has risen in the past week amid an increase in US crude oil stocks, while gasoline stocks rose and distillates fell, the government’s Energy Information Administration (EIA) reported on Wednesday.
* On March 12, raw material inventories increased by 2.4 million barrels. Analysts consulted by Reuters expected an increase of 3 million barrels.
The EIA said crude stock at the Cushing, Oklahoma distribution center declined by 624,000 barrels.
* Refining increased by 1.1 million barrels per day. The utilization rate increased by 7.1 percent.
* Gasoline stock increased by 472,000 barrels. Analysts consulted by Reuters expected a decrease of 3 million barrels.
The EIA report noted that the inventory of distillates, which included heating oil and diesel, was down by 255 million barrels versus 3.4 million barrels.
* In the last week, net crude imports to the United States declined by 219,000 barrels per day.
(Reporting by David Gaffen. Edited in Spanish by Janisas Humbachano)
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