Commodities
US Fuel Oil Production and Supply Decline Amid Increased Imports
The US fuel oil production and supply have seen a decline in September compared to August, according to the Energy Information Administration (EIA).
On average, the country has produced 2% less fuel oil per day in September so far. In terms of numbers, this translates to a decrease of 7,000 barrels per day (b/d) in production and 14,000 b/d in supply.
The total US fuel oil stocks have increased by 950,000 barrels on the month, averaging 22.93 million barrels in September so far.