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US oil inventories drop 9.2 million barrels
09:45 - 16/08/2017
US Petroleum Institute reported that US crude oil stockpiles fell last week as gasoline stocks increased and distillate stocks fell.
Crude inventories fell 9.2 million barrels over the week ending August 11 to 469.2 million barrels, while analysts expected a 3.1 million barrel drop. Crude stocks at the delivery point in Kashing, Oklahoma, increased 1.7 million barrels, the institute said.
The data showed an increase in the consumption of crude in refineries, seven thousand barrels per day.
The Petroleum Institute figures showed distillate stocks, including diesel and heating oil, were down 2.2 million barrels from a forecast of 572,000 barrels.
US crude oil imports fell 24,000 bpd last week to 7.6 million bpd. Ending / 25
http://www.almaalomah.com/2017/08/16/185129/
09:45 - 16/08/2017
US Petroleum Institute reported that US crude oil stockpiles fell last week as gasoline stocks increased and distillate stocks fell.
Crude inventories fell 9.2 million barrels over the week ending August 11 to 469.2 million barrels, while analysts expected a 3.1 million barrel drop. Crude stocks at the delivery point in Kashing, Oklahoma, increased 1.7 million barrels, the institute said.
The data showed an increase in the consumption of crude in refineries, seven thousand barrels per day.
The Petroleum Institute figures showed distillate stocks, including diesel and heating oil, were down 2.2 million barrels from a forecast of 572,000 barrels.
US crude oil imports fell 24,000 bpd last week to 7.6 million bpd. Ending / 25
http://www.almaalomah.com/2017/08/16/185129/
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