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Title : US Crude Oil Inventories Decline By 2.2 Million Bbls -- EIA -- May 9, 2018
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US Crude Oil Inventories Decline By 2.2 Million Bbls -- EIA -- May 9, 2018

Weekly petroleum report:

• US crude oil inventories decreased by 2.2 million bbls; currently at 433.8 million bbls; remain in the lower half of the average range for this time of year
• gasoline, distillate fuel production changes: ho-hum
• refinery operating at 90% capacity (working to keep gasoline prices high, apparently)
• in big scheme of things, not much has changed over the past year with regard to US crude oil inventories; gasoline and distillate fuel production
• not mentioned in this report, but reported elsewhere, the significantly increase in US production of crude oil over the past two years

Link over at oilprice.com --

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