US commercial crude oil inventories rose 1.1m barrels in the week ending February 11. At 411.5m barrels, oil inventories are about -10% below the five year average for this time of the year. Gasoline inventories dropped -1.3m barrels. Distillate dropped -1.6m barrels. Propane/propylene dropped -5.9m barrels. Total commercial petroleum inventories dropped -9.9m barrels. WTI crude […]
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