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US SPR Rose 600kbbls Last Week

OIL

Crude inventories in the US Strategic Petroleum Reserve rose by 600kbbl last week as part of the US plans to refill 12mbbls of oil reserves this week according to data from the Department of Energy.

  • Total inventories were up to 349.5mb last week.
  • Sour oil stocks rose 600kbbl to 206mb last week and sweet oil remained unchanged at 143.5mb.

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