US Weekly Oil Data
US Inventories, Exports, Imports, and Refinery Utilization (12 Charts).
EOA’s Main Takeaway
Another surprise this week: While crude inventories followed historical trends, gasoline did not, but both are below the bottom of the 5-year range! Yes, despite the increase in crude inventories, it is below the bottom of the 5-year range.
Distillate inventories decreased and followed historical trends.
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