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ARA Crude Stocks Stood On Top of 5-Year Range

OIL

Crude inventories in the European ARA region rose 905k bbl in week ending 18 August, or 1.5%, to 62.8m bbl, Genscape data show.

  • Inventory levels have risen above the previous five-year range. The five-year average for the week ending 19 August stood at 57.03m bbl.
  • The biggest regional net weekly change was in Rotterdam +605k bbl.

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