US Crude Oil Inventory Sank for Second Consecutive Week, While Refined Product Stocks Increased

<p>The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks fell -2.11 mmb to 1452.57 mmb in the week ended July 31. Crude oil inventory declined -7.37 mmb (consensus: -3 mmb) to 518.6 mmb. Stockpile fell in 3 out of 5 PADDs. PADD 3 (Gulf [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/oil-n-gold/316682-us-crude-oil-inventory-sank-for-second-consecutive-week-while-refined-product-stocks-increased/">US Crude Oil Inventory Sank for Second Consecutive Week, While Refined Product Stocks Increased</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>