U.S. Crude Inventories Fall 8.6 Million Barrels to 415.6 Million

Stocks stood at 415.6 million barrels for the week ended Oct. 9, down 8.6 million barrels, or 2%, from the previous week and 3% below the five-year average. The figures were released Oct. 15 at noon ET (16:00 UTC). Crude imports declined by 791,000 barrels per day to six million barrels per day, while domestic production fell by 300,000 barrels per day to 13.7 million. Refinery crude inputs rose by 135,000 barrels per day to 16.6 million, and refinery utilization was 93.5%.

Source: TokenPost