Crude Inventories (Jan. 26)

Crude inventories increased by 4.8 million barrels, for the week ending January 21, from the previous week to 340.6 million barrels and were above the upper limit of the average range for this time of year. U.S. crude oil refinery inputs averaged 14.1 million barrels per day during this period, 212 thousand barrels per day below the previous week’s average. U.S. crude oil imports were averaging 9.4 million barrels per day, up by 386 thousand barrels per day from the previous week.

About Zacks Investment Research 1767 Articles

Zacks Investment Research is one of the most highly regarded firms in the investment industry. In 1978 Zacks originated the concept of utilizing earnings estimates revisions to make profitable investment decisions. Zacks offers multiple investment products and services to help investors achieve superior returns.


Be the first to comment

Leave a Reply

Your email address will not be published.