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ARA Crude Stocks Rose Above Five-Year Range

OIL

Crude inventories in the European ARA region rose by 427k bbl in the week ending 11 August to 61.9m bbl, Genscape data show.

  • Inventory levels have risen above the previous five-year range. The five-year average for the week ending 12 August stood at 56.18m bbl.
  • The biggest regional net weekly change was in Rotterdam at +429k bbl.

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