EIA
Britishabbreviation
"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012Example Sentences
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Commercial crude oil stocks excluding the Strategic Petroleum Reserve were up by 2.8 million barrels at 426.9 million barrels in the week ended Nov. 21 and were about 4% below the five-year average for the time of year, the EIA said.
The EIA estimated U.S. crude oil production at 13.8 million barrels a day, down by 20,000 barrels a day from the week before.
Gasoline inventories increased by 2.5 million barrels to 209.9 million barrels, and were 3% below the five-year average, the EIA said.
“More availability of supply would almost certainly help to reduce fuel prices in California, all else equal,” said Kevin Hack, a petroleum economist with EIA.
From Los Angeles Times
Crude oil inventories decreased last week by 3.4 million barrels as exports increased and refineries ran at a higher rate, said the EIA.
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