US Crude Oil Inventory Dropped, While Petroleum Stockpile Gained Last Week

<p>The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks rose +4.27 mmb to 1222.16 mmb in the week ended December 3. Crude oil inventory slipped -0.24 mmb to 432.87 mmb, compared with consensus of a -1.71 mmb decrease. Inventory increased in 3 out of […]</p>
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