U.S. commercial crude oil inventories increased by 1.8 million barrels from the previous week
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.8 million barrels from the previous week. At 422.1 million barrels, U.S. crude oil inventories are in the lower half of the average range for this time of year.
Total motor gasoline inventories increased by 3.6 million barrels last week, and are in the upper half of the average range. Finished gasoline inventories decreased while blending components inventories increased last week.
Distillate fuel inventories decreased by 0.5 million barrels last week and are in the middle of the average range for this time of year. Propane/propylene inventories decreased by 3.3 million barrels last week, and are in the middle of the average range. Total commercial petroleum inventories decreased by 2.7 million barrels last week.
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- The number of job openings was little changed at 6.7 million on the last business day of June
- UK house prices in the three months to July increased by 3.3% against the same period a year earlier
- German industrial production declined more then expected in June
- The average of household spending in Japan was down 1.2 percent on year