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22/08/2012 02:41:38 PM
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Publish Date22/08/2012 02:41:38 PM
This week`s EIA report showed that the U.S. commercial crude oil inventories decreased by 5.4 million barrels from the previous week. At 360.7 million barrels, U.S. crude oil inventories are above the upper limit of the average range for this time of year. Total motor gasoline inventories decreased by 1.0 million barrels last week and are in the lower half of the average range.
Plus both finished gasoline inventories and blending components inventories decreased last week. Distillate fuel inventories increased by 1.0 million barrels last week and are below the lower limit of the average range for this time of year.
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