Oil: drop in crude inventories in the United States last week

(Boursier.com) — Oil prices remain slightly up after the announcement of a drop in black gold reserves in the United States last week. According to the US Department of Energy, domestic crude stocks, excluding strategic reserves, fell by 3.3 million barrels during the week ended August 19 to 421.7 mb. The consensus was for a slight drop of 0.9 mb. Gasoline inventories remained unchanged (-1.5 mb consensus), and those of distilled products fell by 0.7 million barrels (+0.6 mb consensus).