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European ARA Crude Stocks Fall Below Five Year Average

OIL

Crude inventories in the European ARA region fell -1.025mbbls in the week ending 22 Sep according to the latest Genscape data.

  • The decline has taken the stock level down to 54.32mbbls and below the five year of 54.76mbbls after holding above since July.
  • The biggest regional net weekly change was in Rotterdam at -1.1mbbl.



Source: Genscape / Bloomberg

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