US crude oil stockpiles up 1.66 million barrels last week 30/05/2014

US crude oil stockpiles up 1.66 million barrels last week
30/05/2014 17:56
US crude oil stockpiles rose last week, signaling weak demand for the fuel in the world’s biggest crude oil consumer. US crude oil stockpiles rose 1.66 million barrels to 393 million barrels last week, the Energy Department said in a report on Thursday. However, crude stockpiles at Cushing, the biggest US oil storage hub fell last week, declining 1.53 million barrels to 21.7 million barrels last week. Refineries operated at 89.9 per cent of capacity last week, rising 1.2 percentage points from the week before.