US crude stocks drop; product inventories mostly rise.

摘要

Combined EIA crude and product inventories fell over the week ending July 15 by 0.6MM bbl to 820.7MM bbl, as crude oil stocks tumbled, erasing increases built over the previous two weeks. Crude levels dropped 4.4MM bbl to 461.4MM bbl, more than offsetting recent gains and settling at a four-month low. On the other hand, crude stocks held at the NYMEX WTI delivery point of Cushing, Oklahoma rose 438K bbl to 57.11MM bbl.