EOA Weekly Oil Report
Inventories, Exports, Imports, and Refinery Utilization
MAIN TAKEAWAYS
The rise in US crude and products inventories is bearish with attention shifting towards China.
The increase in SPR withdrawals has contributed to the rise in crude inventories.
Gasoline and distillates inventories remain low by historic standards and relative to future demand. US refiners are expected to operate near full capacity in 2023.…
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