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Petroleum Institute: US oil inventories fell 1.3 million barrels
Date: 04/12/2017 10:18
Petroleum
Information / Baghdad ..
According to the American Petroleum Institute, that oil inventories in the United States recorded a surprise drop last week with a decline in imports and an increase in the consumption of crude refineries.
The Institute explained that commercial crude inventories fell 1.3 million barrels in the week ending on the seventh of April / April, unlike analysts' expectations, which indicate an increase of 87 thousand barrels.
Data Institute reported that crude consumption in refineries increased by 57 thousand barrels per day. Gasoline inventories fell by 3.7 million barrels last week.
Distillates, which diesel and heating oil include 1.6 million barrels, while it was expected to go down 885 thousand barrels of stocks also fell.
It decreased US imports of crude oil last week, 15 thousand barrels per day to 7.8 million barrels per day.
Oil prices continued to climb after the publication of the report of the Petroleum Institute of Brent rising global crude benchmark contracts 0.52% to $ 56.27 a barrel, while US crude futures rose 0.64% to $ 53.42. Finished / 25
http://almaalomah.info/2017/04/12/economic/146811
Date: 04/12/2017 10:18
Petroleum
Information / Baghdad ..
According to the American Petroleum Institute, that oil inventories in the United States recorded a surprise drop last week with a decline in imports and an increase in the consumption of crude refineries.
The Institute explained that commercial crude inventories fell 1.3 million barrels in the week ending on the seventh of April / April, unlike analysts' expectations, which indicate an increase of 87 thousand barrels.
Data Institute reported that crude consumption in refineries increased by 57 thousand barrels per day. Gasoline inventories fell by 3.7 million barrels last week.
Distillates, which diesel and heating oil include 1.6 million barrels, while it was expected to go down 885 thousand barrels of stocks also fell.
It decreased US imports of crude oil last week, 15 thousand barrels per day to 7.8 million barrels per day.
Oil prices continued to climb after the publication of the report of the Petroleum Institute of Brent rising global crude benchmark contracts 0.52% to $ 56.27 a barrel, while US crude futures rose 0.64% to $ 53.42. Finished / 25
http://almaalomah.info/2017/04/12/economic/146811
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