HOUSTON, June 12 (Xinhua) -- U.S. crude oil inventories increased during the week ending June 7, the U.S. Energy Information Administration (EIA) said in a report on Wednesday.
According to the Weekly Petroleum Status Report, U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, increased by 2.2 million barrels from the previous week.
At 485.5 million barrels, U.S. crude oil inventories were about 8 percent above the five-year average for this time of year.
According to the EIA, total motor gasoline inventories increased by 0.8 million barrels last week and are about 2 percent above the five year average for this time of year. Finished gasoline inventories decreased while blending components inventories increased last week.
Distillate fuel inventories decreased by 1.0 million barrels last week and were about 4 percent below the five-year average for this time of year. Propane/propylene inventories increased by 2.9 million barrels last week and were about 15 percent above the five-year average for this time of year. Total commercial petroleum inventories also increased last week by 9.3 million barrels last week.