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,:. Data from the U.S. Energy Information Administration (
) showed that U.S. crude oil inventories increased significantly by
10,000 barrels last week, a record high in the history of
data compilation
At its highest level, crude oil futures ended lower on Wednesday and posted their lowest close in five weeks.
zbr hd ,:.New York Mercantile Exchange
U.S. crude oil futures for monthly delivery fell.
USD, closing at .
USD/
barrel , a drop of .
, setting the lowest closing price since
. North Sea Brent crude oil futures for delivery next month on the European Futures Exchange in London also fell.
USD, closing at .
USD/
barrel, a decrease of .
, also hit the lowest closing price since
the end of the month
,:.B
Data released on Wednesday
.,:. showed that as of
U.S. crude oil inventories increased by
10,000 barrels in the week of March, while the expected value was only .
10,000 barrels. The U.S. crude oil inventories announced earlier on Wednesday increased by 0.0 million barrels in the week ending March 1, which was also far higher than the expected 0.0 million barrels. Starkey (h
), energy analysis manager at Platts Analytics (
), a unit of S&P Global Platts, said
mb..bzbrb hd,:. Crude oil inventories have also appeared in the past There has been significant growth, but it's clear that the growth has never been this great.
Vincent (
), a crude oil analyst at zbr hd,:.r
.,:., believes that
the eye-popping inventory growth is mainly due to the import of U.S. crude oil A substantial increase. According to
reports, the United States imported .
million barrels/
of commercial crude oil excluding strategic reserves last week, an increase of .
million barrels/
day from the previous week. Crude oil imports hit the highest level since January this year. At the same time, domestic crude oil production in the United States also increased slightly, and refinery capacity utilization fell slightly. These have contributed to the growth of inventories.
Zbr hd,:.r
.,:., Smith (mh
), director of commodities research at zbr hd, said that crude oil imports from the U.S. Gulf of Mexico region increased compared with the previous week
/>More than 10,000 barrels/
Inventories in the region have increased by more than 10,000 barrels
Such a large increase, coupled with the increase in inventories in the East Coast and Midwest regions of the United States, made inventories hit a record last week new highs. He added that this record-breaking increase in crude oil inventories makes the decline in gasoline inventories irrelevant. According to
reports, U.S. gasoline inventories fell by .
thousand barrels in the week ending
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