US Weekly Oil Data
US Inventories, Exports, Imports, and Refinery Utilization (Two Tables and 9 Charts)
MAIN TAKEAWAY
According to the weekly data of the Energy Information Administration (EIA), US oil demand remains robust despite the decline of 0.5 mb/d from prior weeks.
It also reported a decrease in crude oil inventories. The decrease was more than double the average estimate.
The government added 0.6 mb of sour crude to the SPR last week.
The adjustment remains relatively low.
IN DETAIL
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