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You are here:  Home / Business News / U.S. oil supplies turn up

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U.S. oil supplies turn up

Published: April 23, 2008 at 1:02 PM
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  • Crude oil prices gain on Wednesday
WASHINGTON, April 23 (UPI) -- U.S. crude oil inventories grew last week, ending five straight weeks of declines, the U.S. Energy Information Administration said Wednesday.

Crude inventories increased by 2.4 million barrels on the week ending April 18, slightly more than the previous week's decline of 2.3 million barrels.

Supplies last week totaled to 316.1 million barrels.

Gasoline inventories declined by 3.2 million barrels, but remain in the upper limit of the average range for this time of year, the report said.

Both finished gasoline inventories and gasoline blending components inventories decreased. Distillate fuel inventories also declined, down 1.4 million barrels to a current supply of 104.7 million barrels.



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