U.S. crude stockpiles drop to lowest since Jan 2020 - EIA

Reuters2021-08-18

NEW YORK, Aug 18 (Reuters) - U.S. crude oil stockpiles last week fell by 3.2 million barrels to 435.5 million barrels, their lowest since January 2020, according to U.S. Energy Information Administration data released on Wednesday.

U.S. weekly jet fuel product supplied, a proxy for demand, last week rose to about 1.7 million barrels per day, the highest since March 2020, the data showed.

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