facebook
twitter
rss
account
search
search
 

Crude oil supplies flat, remaining high

June 27, 2013 at 10:02 AM   |   Comments

| License Photo
WASHINGTON, June 27 (UPI) -- U.S. crude oil inventories were unchanged last week, but gasoline stockpiles rose, the Energy Information Administration said.

Crude oil stockpiles are above the upper limit of the average range for this time of year, the EIA said. For the week, supplies held steady at 394.1 million barrels.

The agency, in a report released Wednesday, said supplies of motor grade gasoline rose by 3.7 million barrels in the week to 225.4 million barrels. Meanwhile, supplies of distillate fuels, which include home heating oil, rose by 1.6 million barrels to 123.2 million barrels. Inventories of distillate fuels are in the lower half of the average range for this time of year, the agency said.

The national average price of unleaded gasoline fell during the week, dropping 4.9 cents per gallon to reach $3.577 per gallon, putting the price of gasoline 14 cents above the same week of 2012.

© 2013 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.
Recommended UPI Stories
Featured UPI Collection
trending
Celebrity Couples of 2014 [PHOTOS]

Celebrity Couples of 2014 [PHOTOS]

Most Popular
1
Verizon will soon let you choose what TV channels you want to pay for Verizon will soon let you choose what TV channels you want to pay for
2
Etsy bans sale of items with Redskins name, imagery Etsy bans sale of items with Redskins name, imagery
3
Meggitt receives $17.7 million Army order for target systems Meggitt receives $17.7 million Army order for target systems
4
Organic food brand at Kroger's to hit $1B in sales Organic food brand at Kroger's to hit $1B in sales
5
Lockheed Martin opens technology center
Trending News
Video
x
Feedback