American oil stocks have amazing fall

The United States oil stocks fell 1,616,000 barrels last week, to 420,479,000 barrels, reported the Department of Energy (DoE, in the acronym in English). The data contradicted the expectations of analysts consulted by the Wall Street Journal, which predicted an increase of 1.9 million barrels.

The gasoline stocks rose 261,000 barrels to 249,334,000, as analysts waited for the data to be maintained. Already the stocks of distillates fell 2,422,000 of barrels, to 138,945,000, above the expected fall of 1.4 million.

The oil stocks in Cushing's, distribution center of the barrels traded in the New York Mercantile Exchange (Nymex), fell 2,664,000 barrels, to 30,003,000 barrels. The rate of utilization of the refineries ' capacity went from 89.8% to 88.1%. The forecast was a lower drop, to 89.0%. The daily oil production went from 10,271,000 barrels last week to 10,270,000 barrels. Source: This is money.


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