The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks added +0.12 mmb to 1353.96 mmb in the week ended November 27. Crude oil inventory slipped -0.68 mmb (consensus: -2.36 mmb) to 488.04 mmb. Stockpile decreased in 3 out of 5 PADDs. Cushing stock dropped […]
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