DOE Stock Updates Entering February 2024
February 1, 2024
The DOE inventory report called crude oil stocks up 1.23 million barrels putting total stocks at 421.912 million barrels. Last year, there were 452.688 million barrels.
Gasoline stocks were up 1.16 million barrels putting total stocks at 254.134 and last year there were 234.598 million barrels.
Distillates were down 2.54 million barrels, putting total stocks at 130.795 and last year at this time there were 117.590 million barrels.
The propane inventory report showed another big draw to supplies down 5.317 million barrels putting total stocks at 62.595 million barrels and last year there were 73.181 million barrels.
Midwest stocks were down 1.885 million putting total Midwest stocks at 16.260 and last year there were 20.938 million.
Gulf Coast stocks were down 2.496 million barrels putting total Gulf Coast stocks at 34.860 million and last year there were 42.557 million.