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Market Update : 
Crude Oil Inventories Decline
Author: 123jump.com Staff
123jump.com
Last Update: 10:54 AM EDT June 11 2008



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U.S. commercial crude oil inventories decreased by 4.6 million barrels from the previous week. At 302.2 million barrels, U.S. crude oil inventories are at the lower boundary of the average range for this time of year. Total motor gasoline inventories increased by 1.0 million barrels last week, and are in the lower half of the average range. Finished gasoline inventories remained unchanged last week while gasoline blending components inventories increased during this same time.

 

 

 

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