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US Crude Storage Seen Falling 2.5m Bbl: Reuters Survey

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US crude oil and gasoline stockpiles were seen falling last week, according to a Reuters survey of six analysts.

  • Crude inventories are seen falling by 2.5m bbl in the week to July 19. Estimates ranged from -3.6m bbl to +0.6m bbl.
  • Gasoline inventories are seen falling by 0.5m bbl. Responses ranged from -2m bbl to +2.5m bbl.
  • Distillate inventories, which include diesel and heating oil, are seen up by 30k bbl Estimates ranged from -2m bbl to +2.7m bbl.
  • Refinery runs are seen down 0.3 percentage points on the week at 93.4%. Estimates ranged from -0.9 percentage points to +0.9 percentage points.
  • The EIA will report the official figures at 10:30ET July 24.
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US crude oil and gasoline stockpiles were seen falling last week, according to a Reuters survey of six analysts.

  • Crude inventories are seen falling by 2.5m bbl in the week to July 19. Estimates ranged from -3.6m bbl to +0.6m bbl.
  • Gasoline inventories are seen falling by 0.5m bbl. Responses ranged from -2m bbl to +2.5m bbl.
  • Distillate inventories, which include diesel and heating oil, are seen up by 30k bbl Estimates ranged from -2m bbl to +2.7m bbl.
  • Refinery runs are seen down 0.3 percentage points on the week at 93.4%. Estimates ranged from -0.9 percentage points to +0.9 percentage points.
  • The EIA will report the official figures at 10:30ET July 24.