{"id":97624,"date":"2025-08-28T01:41:11","date_gmt":"2025-08-28T01:41:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/97624\/"},"modified":"2025-08-28T01:41:11","modified_gmt":"2025-08-28T01:41:11","slug":"u-s-crude-stocks-fall-another-2-4-million-barrels","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/97624\/","title":{"rendered":"U.S. Crude Stocks Fall Another 2.4 Million Barrels"},"content":{"rendered":"<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tBy <a href=\"https:\/\/oilprice.com\/contributors\/Julianne-Geiger\" rel=\"nofollow noopener\" target=\"_blank\">Julianne Geiger<\/a> &#8211; Aug 27, 2025, 9:39 AM CDT<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/2025-08-27_3ull7cqupx.jpg\" class=\"singleArticle__articleImage\" alt=\"Stocks\" title=\"Stocks\"\/><\/p>\n<p class=\"speakable\">Crude oil inventories in the United States decreased by 2.4 million barrels during the week ending August 22, after falling 6 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The build brings commercial stockpiles to 418.3 million barrels according to government data, which is 6% below the five-year average for this time of year.<\/p>\n<p>The EIA\u2019s data release follows API\u2019s figures that were released a day earlier, which suggested that crude oil inventories contracted by <a href=\"https:\/\/oilprice.com\/Latest-Energy-News\/World-News\/US-Oil-and-Products-See-Draw-Across-the-Board.html\" rel=\"nofollow noopener\" target=\"_blank\">974,000 barrels<\/a>.<\/p>\n<p>Crude prices were trading up ahead of the EIA data release. At 10:15 a.m. in New York,\u00a0<a href=\"http:\/\/oilprice.com\/oil-price-charts\/#Brent-Crude\" rel=\"nofollow noopener\" target=\"_blank\">Brent<\/a>\u00a0was trading at $67.57 per barrel\u2014up $0.35 (0.52%) on the day and a roughly $1 per barrel gain from last week\u2019s level. WTI was also trading up, by $0.40 per barrel (+0.63%) in mid-morning trade.<\/p>\n<p>For total motor gasoline, the EIA reported a decrease of 1.2 million barrels, after the week prior\u2019s 2.7-million-barrel dip. The most recent figures showed average daily gasoline production increasing to 10 million barrels. For middle distillates, inventories decreased by 1.8 million barrels, with production decreasing to 5.2 million barrels daily. Distillate inventories had increased 2.3 million barrels in the week prior and are now 15% below the five-year average for this time of year.<\/p>\n<p>Total products supplied over the last four weeks rose to 21.2 million barrels per day, up 2.5% compared to the same period last year. Gasoline demand averaged 9 million barrels per day over the last four weeks, while the distillate four-week average supplied at 3.9 million barrels\u2014up 7.7 percent year over year.<\/p>\n<p>By Julianne Geiger for Oilprice.com<\/p>\n<p>More Top Reads From Oilprice.com<\/p>\n<p><\/p>\n<p>\t\t\t\t\t\t\t\t\tDownload The Free Oilprice App Today<br \/>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/itunes.apple.com\/in\/app\/oilprice\/id1389772617?mt=8\" target=\"_blank\" rel=\"nofollow noopener\"><img loading=\"lazy\" decoding=\"async\" alt=\"Download Oilprice.com on Apple\" style=\"height: 50px;\" width=\"169\" height=\"50\" src=\"https:\/\/d1o9e4un86hhpc.cloudfront.net\/a\/img\/cl\/app\/appstoredownload.svg\" class=\"lozad\"\/><\/a><br \/>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/play.google.com\/store\/apps\/details?id=oilprice.android.app\" target=\"_blank\" rel=\"nofollow noopener\"><img loading=\"lazy\" decoding=\"async\" alt=\"Download Oilprice.com on Android\" style=\"height: 50px;\" width=\"169\" height=\"50\" class=\"lozad\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/androidbutton.png\"\/><\/a><\/p>\n<p><a href=\"https:\/\/oilprice.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Back to homepage<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"By Julianne Geiger &#8211; Aug 27, 2025, 9:39 AM CDT Crude oil inventories in the United States decreased&hellip;\n","protected":false},"author":2,"featured_media":97625,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,12550,47967,12630,59,47968,2987,12625,581,44021,12638,56,54,55],"class_list":["post-97624","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-crude","tag-eia","tag-gasoline","tag-gb","tag-inventories","tag-oil","tag-oil-markets","tag-oil-prices","tag-oil-supply","tag-refining","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/97624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=97624"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/97624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/97625"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=97624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=97624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=97624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}