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Crude Stocks in ARA Fell 2m bbl Last Week

OIL

Crude inventories in the ARA region fell 2m bbl to 54.3m bbl in week ending 15 December, falling slightly below the five-year average, Genscape data showed.

  • The five-year average for this time of the year stood at 55.57mn bbl.
  • The biggest regional net weekly change was in Rotterdam -2.1m bbl.

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