The EIA reported a build of 2,010 MBbls in U.S. crude-oil inventories. The build was larger than the average estimate of 103 MBbls as reported by Bloomberg. Inventories for the U.S. are now at a deficit of 7.3 MMBbls (-1.7%) to last year, and a deficit of 47.4 MMBbls (-10.3%) 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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