November 26, 2024 21:48 GMT
OIL: Industry Reports Large US Crude Inventory Drawdown
OIL
Bloomberg reported a significant 5.9mn US crude inventory drawdown last week, according to people familiar with the API data. Stocks at Cushing fell 700k, while products rose with gasoline up 1.8mn and distillate 2.5mn. The official EIA data is out later today.
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