Crude Inventory Fell More than Expected

8 September 2011 Last updated : 8 September 2011 BonTrade

Total crude oil and petroleum products stocks declined 4.33 mmb to 1087.95 mmb in the week ended September 2. Crude stockpile fell -3.96 mmb to 353.09 mmb as 3 out of 5 PADDs recorded stock draws. Cushing stock slipped -0.40 mmb to 32.69 mmb. Utilization rate dipped -0.2% to 89.0%.

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Crude Inventory Fell More than Expected

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