US Crude Inventory Surprisingly Increased, while Petroleum Product Stocks Declined

<p>The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks rose +7.09 mmb to 1446.72 mmb in the week ended June 12. Crude oil inventory added +1.22 mmb (consensus: -0.15 mmb) to 538.07 mmb. Stockpile fell in 2 out of 5 PADDs. PADD 3 (Gulf […]</p>
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