U.S. petroleum inventories show signs of stabilizing as domestic crude production and imports slow while refinery processing gradually increases from last month’s crisis lows.
FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus Mordant/File Photo
Total inventories have climbed to a record 1.40 billion barrels, but the rate of increase has decelerated progressively since the second week of April . Cushing tank farms are now 72% full, down from 83% at the start of the month, with capacity to store up to an extra 21 million barrels if necessary. Gasoline stocks climbed almost 3 million barrels last week while distillates were up by almost 4 million .
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alison Roman's NYT column on hiatus after Chrissy Teigen, Kondo feud - InsiderAlison Roman's New York Times column is being put on hiatus after the food writer's explosive drama with Chrissy Teigen and Marie Kondo
Read more »
Alison Roman's Column Put on Hold Amid Chrissy Teigen FeudAlison Roman's New York Times column is on 'temporary leave' after her public comments on Chrissy Teigen and Marie Kondo.
Read more »
New York Times Decides Alison Roman No Longer Sparks Joy, Puts Column on Temporary HoldThanks to The Drama, it seems the internet will have to hold out for The Next Recipe—Alison Roman’s New York Times column is on hiatus following that dustup with Chrissy Teigen and Marie Kondo earlier this month.
Read more »
Chrissy Teigen Is 'Not Happy' That Alison Roman's New York Times Column Is 'On Temporary Leave'She also called Roman's shallot pasta a 'very good recipe.'
Read more »
Column: Trump's coronavirus numbers can't be trustedPresident Trump claims the number of new coronavirus cases is dropping fast. He says the United States is testing more people than the rest of the world combined. He says our death rate compares well to other countries, too. All of those claims are wrong.
Read more »