The EIA released its weekly Petroleum Status Report yesterday, outlining how national oil and refined product stocks have changed in the last week.

Crude oil stocks fell by 3,327 MBBL last week to 463,165 MBBL, down from 466,492 MBBL last week. This is 6% below the 492,962 MBBL that was in storage at this point last year, but remains 21% above the five year average.

Gasoline inventories fell this week, dropping to 229.9 MMBBL from 231.1 MMBBL last week. Fuel oil inventories were unchanged at 148.4 MMBBL. Other refined product stocks i...

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