The EIA reported a build of +17,432 MBbls in U.S. crude-oil inventories. In contrast, the market expected a build of +2,634 MBbls as reported by Bloomberg. Inventories for the U.S. are now at a deficit of -1.9 MMBbls (-0.4%) to last year, and a deficit of -9.1 MMBbls (-2.1%) 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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