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Crude stocks decrease week over week, beating analyst estimates

April 17, 201310:09 AM BOE Report Staff

U.S. commercial crude oil inventories decreased by 1.3 million barrels from the previous week, beating the expected build of ~1.2 million barrels. Total crude oil stocks of 387.6 million barrels are well above the upper limit of the average range for this time of year. Total commercial petroleum inventories increased by 2.6 million barrels last week.

[table] [attr style=”width: 25%”]April 12`[attr style=”width: 25%”]April 5`[attr style=”width: 25%”]Change`[attr style=”width: 25%”]% Change
387,600`388,900`-1,300`-0.3%
[/table]

Crude Oil Inventory 5 year

Crude Oil Inventory historical

Source: EIA

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