US Crude Oil Inventory Gained Much More than Expected

<p>The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks dropped -1.01 mmb to 1293.49 mmb in the week ended February 13. Crude oil inventory soared +7.46 mmb (consensus: +2.99 mmb) to 442.47 mmb. Stockpile rose in 4 out of 5 PADDs. Cushing stock added […]</p>
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