HOUSTON, Jan. 8 (Xinhua) -- U.S. crude oil inventories increased during the week ending Jan. 3, 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 1.2 million barrels from the previous week.
At 431.1 million barrels, U.S. crude oil inventories were at the five-year average for this time of year.
According to the EIA, total motor gasoline inventories increased by 9.1 million barrels last week and were about 5 percent above the five-year average for this time of year. Finished gasoline and blending components inventories both increased last week.
Distillate fuel inventories increased by 5.3 million barrels last week and were about 8 percent below the five-year average for this time of year.
Propane/propylene inventories increased by 0.7 million barrels last week and were about 17 percent above the five-year average for this time of year. Total commercial petroleum inventories increased last week by 14.8 million barrels last week. Enditem
