Oil

EIA: US crude oil stocks declined by 2% y-o-y as of 28 July 2017

US crude oil inventories declined to 481.9m barrels as of 28 July, down 0.3% w-o-w and down 2% y-o-y. On the other hand, domestic crude oil production increased to 9.4m barrels during the ending on 28 July, up 0.2% w-o-w and up 11.5% y-o-y.

 

Source: EIA

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