Total crude oil and petroleum products stocks slumped -10.92 mmb to 1062.24 mmb in the week ended October 14. Crude stockpile declined -4.73 mmb to 332.90 mmb as all PADDs recorded stock-builds. Cushing stock climbed +0.47 mmb to 31.09 mmb. Utilization rate dropped -1.1% to 83.1%.
Excerpt from:
Oil Inventories Declined Across the Board
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