The EIA reported a build of +3,824 MBbls in U.S. crude-oil inventories. The build was larger than the average estimate of +1,700 as reported by Bloomberg. Inventories for the U.S. are now at a surplus of 7.90 MMBbls (1.8%) to last year, and a deficit of 14.70 MMBbls (-3.2%) to the five-year average.
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AEGIS market analysts publish research across crude, natural gas, NGLs, refined products, metals, and rates.
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