KONTAN.CO.ID - NEW YORK. U.S. crude oil, gasoline and distillate inventories rose last week as the production rebounded from recent storms, the Energy Information Administration said on Wednesday. Crude inventories rose by 4.6 million barrels in the week to Sept. 24 to 418.5 million barrels, EIA data showed, compared with analysts' expectations in a Reuters poll for a 1.7 million-barrel drop. The rebound came as U.S. crude output jumped by 500,000 barrels per day (bpd) to 11.1 million bpd, a level consistent with activity before Hurricane Ida slammed into the U.S. Gulf Coast at the beginning of the month.
U.S. crude, fuel stockpiles rise as production returns
KONTAN.CO.ID - NEW YORK. U.S. crude oil, gasoline and distillate inventories rose last week as the production rebounded from recent storms, the Energy Information Administration said on Wednesday. Crude inventories rose by 4.6 million barrels in the week to Sept. 24 to 418.5 million barrels, EIA data showed, compared with analysts' expectations in a Reuters poll for a 1.7 million-barrel drop. The rebound came as U.S. crude output jumped by 500,000 barrels per day (bpd) to 11.1 million bpd, a level consistent with activity before Hurricane Ida slammed into the U.S. Gulf Coast at the beginning of the month.