Crude Inventory Gained but Less than Expected
SondraHunterAccording to the DOE/EIA weekly report, total crude oil and petroleum products stocks rose +4.17 mmb to 1059.64 mmb in the week ended February 3. Crude stockpile increased +0.30 mmb to 339.25 mmb as stocks gained in 4 out of 5 PADDs. Cushing stock added +0.37 mmb to 30.49 mmb. Utilization rate increased +1.0% to 82.8%.
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Crude Inventory Gained but Less than Expected
