Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Crude oil supplies rise in week

|
|
 
  
Published: March. 17, 2010 at 1:16 PM
Advertisement

WASHINGTON, March 17 (UPI) -- U.S. crude oil inventories rose by 1 million barrels in the week ending March 12, the U.S. Energy Information Administration said Wednesday.

The energy agency said crude inventories increased from 343 million barrels to 344 million barrels during the week and remain above the upper limit of the average range for this time of year.

Gasoline inventories for the week fell by 1.7 million barrels to 227.3 million barrels but remain above the upper limit of the average range.

Supplies of distillate fuels, which include heating oil, were down 1.5 million barrels to 148.1 million barrels.

Finished gasoline inventories rose, while gasoline blending components inventories fell during the week, the energy agency reported.

Using a four-week rolling average for comparison, demand for motor gasoline is up by 1.3 percent from the same period a year ago, while distillate fuel demand is down 3.1 percent. Jet fuel demand is 6.6 percent lower than the same four-week stretch a year ago.

Recommended Stories
© 2010 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Additional Business News Stories
1 of 15
Rose McGowan at The Heart Truth's Red Dress Fall 2012 Collections at Mercedes-Benz Fashion Week In New York
View Caption
fark
Bus driver rescues students on her elementary school bus after kid's science project goes critical,...
The most amazing portraits created with packing tape you will see all day
According to the United States Census Bureau, when a child is being watched by his father, that's...
You put a guy named Skeeter in charge of your charitable fund, of COURSE he's going to blow your...
Subby, for one, welcomes our new Pennsylvania Purple Squirrel overlords (with purple-pic)
The toughest place to be a train driver