Weaker refinery demand pushes US crude stocks higher, but strong exports blunt build
October 25, 2023 Comments Off
Lower refinery demand pushed US crude oil inventories higher in the week ended Oct. 20, US Energy Information Administration showed Oct. 25, but the seasonal build was blunted by above-trend exports. US commercial crude inventories climbed 1.37 million barrels to 421.12 million barrels in the week to Oct. 20, widening the deficit to the five-year average to 5.1% from 4.7%…
Weaker refinery demand pushes US crude stocks higher, but strong exports blunt build
Lower refinery demand pushed US crude oil inventories higher in the week ended Oct. 20, US Energy Information Administration showed Oct. 25, but the seasonal build was blunted by above-trend exports. US commercial crude inventories climbed 1.37 million barrels to 421.12 million barrels in the week to Oct. 20, widening the deficit to the five-year average to 5.1% from 4.7%…
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