financetom
Market
financetom
/
Market
/
U.S. Crude Oil Inventories Drop 6 Million Barrels in Week Ended Aug. 15, EIA Reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
U.S. Crude Oil Inventories Drop 6 Million Barrels in Week Ended Aug. 15, EIA Reports
Aug 21, 2025 3:12 AM

05:47 AM EDT, 08/21/2025 (MT Newswires) -- U.S. crude oil stocks fell by 6 million barrels to 420.7 million barrels in the week ended Aug. 15, the U.S. Energy Information Administration said in its This Week in Petroleum report released on Wednesday.

Analysts expected a decrease of 1.8 million barrels, according to a Reuters poll.

Meanwhile, crude oil production increased by 27,000 barrels per day to 13.33 million b/d, the EIA reported.

Crude oil imports also rose 130,000 b/d to 6.38 million b/d, while crude oil exports gained 129,000 b/d to 3.49 million b/d, according to the agency.

Gasoline inventories dropped 2.7 million barrels to 223.6 million barrels. However, distillate stockpiles grew 2.3 million barrels to 116 million barrels, the EIA said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved