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Wednesday, April 17, 2024

EIA Weekly Petroleum Report -- April 17, 2024

Locator: 47026B.

Link here.

  • US oil in storage is 1% below the five-year average; now at 460 million, with the addition of 2.7 million bbls this past week
  • imports, crude oil: background noise
  • refiners: 88.1% capacity
  • jet fuel supplied up a paltry 0.8% compared to same four-week period last year

WTI: after dropping significantly over past few days, has now dropped another 1% after weekly petroleum report. 

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