Mumbai, Feb. 13 -- Crude oil inventories in the United States saw a build of 4.1 million barrels during the week ending February 7, according to the U.S. Energy Information Administration. The build in crude inventories is in line with seasonal trends and adds to the large build of 8.7 million barrels that the EIA estimated for the week prior. For total motor gasoline, the EIA estimated that inventories decreased by 3 million barrels for the week to February 7, with production averaging 9.3 million barrels daily. This compares with an inventory rise of 2.2 million barrels for the previous week and an average daily production of 9.2 million barrels daily.
Published by HT Digital Content Services with permission from Capital Market....