The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks gained +2.92 mmb to 1324.8 mmb in the week ended January 29. Crude oil inventory slipped -0.99 mmb (consensus: +0.45 mmb) to 475.66 mmb. Stockpile decreased in 4 out of 5 PADDs. PADD 2 (Midwest) […]

The post US Crude Oil and Distillate Inventory Dropped while Gasoline Gained Last Week appeared first on Action Forex.



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