facebook
twitter
rss
account
search
search
 

Crude oil inventories rise in week

Jan. 10, 2013 at 4:29 PM   |   Comments

WASHINGTON, Jan. 10 (UPI) -- U.S. crude oil inventories rose by 1.3 million barrels last week, the U.S. Energy Information Administration said.

The agency said inventories rose to 361.3 million barrels. Supplies of crude oil remain well above the upper limit of the average range for this time of year, the agency said in a report issued late Wednesday.

The EIA said supplies of distillate fuels, which include home heating oil, rose by 6.8 million barrels to 130.7 million barrels. Inventories of distillate fuels, however, remain near the lower limit of the average range, the agency said.

Stockpiles of gasoline rose by 7.4 million barrels to 233.1 million barrels this week, rising to well above the upper limit of the average range for this time of year.

In the week ending Monday, the national average price for a gallon of unleaded gasoline rose to $3.299 per gallon, up a 0.1 cent from the previous week. The average price is 8.3 cents below the same week a year earlier, the EIA said.

© 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.
Most Popular
1
School accused of using girl as rape bait; girl gets attacked School accused of using girl as rape bait; girl gets attacked
2
40 Islamic State fighters killed in U.S. air strike 40 Islamic State fighters killed in U.S. air strike
3
Kentucky firefighter injured in ice bucket challenge dies Kentucky firefighter injured in ice bucket challenge dies
4
Man beaten to death by barbell in San Francisco gym Man beaten to death by barbell in San Francisco gym
5
Climate change march attracts hundreds of thousands of New Yorkers and others Climate change march attracts hundreds of thousands of New Yorkers and others
Trending News
Video
x
Feedback