in

US crude inventories rise in the last week: EIA

Jul 21 (.) – US crude stocks rose in the past week, while gasoline and distillates declined, the government’s Energy Information Administration (EIA) reported on Wednesday.

* Crude inventories grew by 2.1 million barrels in the week to July 16 to 439.7 million barrels. Analysts consulted by . expected a drop of 4.5 million barrels.

* Crude stocks at the Cushing, Oklahoma distribution center fell by 1.3 million barrels, the EIA added.

* Refining fell by 86,000 barrels per day. The utilization rate was down 0.4 percentage points for the week.

* Gasoline stocks declined 121,000 barrels to 236.4 million barrels. Analysts consulted by . expected a drop of 1 million barrels.

* Inventories of distillates, which include heating oil and diesel, fell by 1.3 million barrels to 141 million barrels versus an expected increase of 557,000 barrels, the EIA report showed.

* In the last week, net crude imports in the United States grew by 2.4 million barrels per day.

(Reporting by David Gaffen, Edited in Spanish by Janisse Huambachano)

Paul Pogba, ever closer to PSG

Bitcoin bears losing steam, what could trigger a decent recovery?