U.S. Crude Oil Inventories Unexpectedly Jump By 3.7 Million Barrels

RTTNews | 461 gün önce
U.S. Crude Oil Inventories Unexpectedly Jump By 3.7 Million Barrels

(RTTNews) - Crude oil inventories in the U.S. unexpectedly saw a significant increase in the week ended June 7th, according to a report released by the Energy Information Administration on Wednesday.

The EIA said crude oil inventories jumped by 3.7 million barrels last week after rising by 1.2 million barrels in the previous week. Economists had expected crude oil inventories to decrease by 1.6 million barrels.

At 459.7 million barrels, U.S. crude oil inventories remain about 4 percent below the five-year average for this time of year, the EIA said.

The report said gasoline inventories also shot up by 2.6 million barrels last week and are just slightly below the five-year average for this time of year.

Distillate fuel inventories, which include heating oil and diesel, also edged up by 0.9 million barrels last week but are about 7 percent below the five-year average for this time of year.

Etiketler: USD
read more
U.S. Business Inventories Rise 0.2% In July, In Line With Estimates

U.S. Business Inventories Rise 0.2% In July, In Line With Estimates

The Commerce Department released a report on Tuesday showing business inventories in the U.S. increased in line with expectations in the month of July. The report said business inventories rose by 0.2 percent in July, matching the increase seen June as well as economist estimates.
RTTNews | 24 dakika önce
U.S. Homebuilder Confidence Holds Steady In September

U.S. Homebuilder Confidence Holds Steady In September

Homebuilder confidence in the U.S. held steady in the month of September, according to a report released by the National Association of Home Builders on Tuesday. The report said the NAHB/Wells Fargo Housing Market Index came in at 32 in September, unchanged from August. Economists had expected the index to inch up to 33.
RTTNews | 52 dakika önce
U.S. Industrial Production Unexpectedly Inches Slightly Higher In August

U.S. Industrial Production Unexpectedly Inches Slightly Higher In August

Industrial production in the U.S. unexpectedly edged slightly higher in the month of August, according to a report released by the Federal Reserve on Tuesday. The Fed said industrial production crept up by 0.1 percent in August after falling by a downwardly revised 0.4 percent in July. Economists had expected industrial production to slip by 0.1 percent.
RTTNews | 1s 9 dakika önce
U.S. Import Prices Unexpectedly Increase In August

U.S. Import Prices Unexpectedly Increase In August

A report released by the Labor Department on Tuesday showed import prices in the U.S. unexpectedly increased in the month of August. The Labor Department said import prices rose by 0.3 percent in August after inching up by a downwardly revised 0.2 percent in July. Economists had expected import prices to edge down by 0.1 percent.
RTTNews | 1s 26 dakika önce
U.S. Retail Sales Climb 0.6% In August, Much More Than Expected

U.S. Retail Sales Climb 0.6% In August, Much More Than Expected

The Commerce Department released a report on Tuesday showing retail sales in the U.S. rose by much more than expected in the month of August. The report said retail sales climbed by 0.6 percent in August, matching an upwardly revised increase in July. Economists had expected retail sales to inch up by 0.2 percent compared to the 0.5 percent growth originally reported for the previous month.
RTTNews | 2s 52 dakika önce