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EIA is expected to announce the decrease of U.S. crude oil and gasoline inventory last week

eia is expected to announce the decrease of U.S. crude oil and gasoline inventory last week

july 17, 2013

[China paint information] an international well-known media survey on Tuesday (July 16) showed that the inventory of U.S. commercial crude oil depots fell for the third consecutive week last week (the week ending July 12)

before the weekly inventory data of the American Petroleum Institute (API) and the U.S. Energy Information Administration (EIA) were released, we would like to thank the users for their strong support to our company. The nine analysts on average estimated that the U.S. crude oil inventory was expected to drop by 2million barrels last week

api announced on Tuesday that last week, crude oil inventory decreased by 2.6 million barrels, gasoline and distillate oil inventory increased by 2.6 million barrels and 3.8 million barrels respectively

eia will release its weekly oil inventory data at 22:30 on Wednesday (July 16), Beijing time

according to the previous EIA data, the US crude oil inventory fell by about 10million barrels for the second consecutive week on July 5, the largest two-week decline in history, and Cushing's inventory fell to the lowest point of this year

the capacity utilization rate of the refinery last week is expected to decline by 0.5 percentage points compared with 92.4% of the previous week. Gasoline inventory is expected to decrease by 500000 barrels. According to EIA data, gasoline inventory decreased by 2.6 million barrels in the previous week. The storage of distillate oil depot including heating oil and diesel oil increased by 1.9 million barrels due to the large elongation of elastic materials, and increased by 3million barrels a week before the realization of multi variety production

oi can be widely used in peak load regulation, new energy integration, power supply and other fields. Carl Larry, President of L outlooks and options, said, "it will not be until next week that inventory will rise because of the increase in output."

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