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US Crude and Fuel Stocks Fall as Demand Tops Forecasts

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Total US crude stockpiles fell 3.6 million barrels, with commercial inventories rising by just 100,000 barrels against a 1.6-million forecast.
  • Large draws in gasoline and distillate reserves alongside higher refinery run rates at 97.4% highlight strong petroleum product demand.
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