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US crude oil inventories climb 4.4 million barrels last week

US crude oil stockpiles increased by 4.4 million barrels to reach 428.8 million barrels in the week ending August 14, the Energy Information Administration reported on Wednesday. Gasoline inventories rose by 0.7 million barrels to 209.4 million barrels during the same period, according to the EIA data. Distillate stockpiles, which include diesel and heating oil, ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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