Energy Preview: US Crude oil inventories slide 1.9 million barrels

Energy Information Administration (EIA) said yesterday that the US Crude oil inventories fell by 1.9 million barrels to 422.9 million barrels in the week ending December 26..Crude oil stocks at the Cushing, Oklahoma, delivery hub rose by 543,000 barrels last week. Refinery crude runs rose by 71,000 barrels per day, the EIA said, while refinery utilization rates increased by 0.1%. The U.S. gasoline inventories rose by 5.8 million barrels to 234.3 million barrels.

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