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ARA Crude Stocks Decline Further to Remain Well Below Normal

OIL

Crude inventories in the ARA region fell again this week by 557kbbl to 44.91mbbl in the week to January 26 according to the latest Genscape data.

  • Inventories are well below the five-year average for this time of the year of 53.0mbbls and showing lowest level in data back to 2013.
  • The biggest regional net weekly change was in Rotterdam of -886kbbl.


Source: Genscape / Bloomberg

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