US Crude Oil Inventory Dropped Modestly. Petroleum Stockpiles Gained

<p>The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks slipped -1.9 mmb to 1294.4 mmb in the week ended January 17. Crude oil inventory dropped -0.41 mmb (consensus: -1.01 mmb) to 428.11 mmb. Stockpile fell in 3 out of 5 PADDs. Cushing stock slipped […]</p>
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