Commercial crude oil inventories in the United States, which are not taking into account those in the Strategic Petroleum Reserve, fell by 2.6 million barrels to 413.4 million barrels in the week ending February 25, the US Energy Information Administration (EIA) reported on Wednesday, APA reports citing Teletrader.
US crude oil refinery inputs averaged 15.4 million barrels per day, up by 153,000 barrels per day from the average recorded the week prior. Refineries operated at 87.7% of their capacity, while gasoline production increased, averaging 9.3 million barrels per day.
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