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  1. Oct 18, 2021 · Crude inventories saw a surprise draw of 431,000 barrels a day, which could be the result of lower output and stocks still reflecting a slump in imports in the first week of October....

  2. 4 days ago · Crude oil prices fell today, after the Energy Information Administration reported an inventory decline of 4.5 million barrels for the week to September 20.. The change compares with a draw of 1.6 ...

  3. Aug 5, 2024 · The US Strategic Petroleum Reserve (SPR) may never be back to its full level of 638 million barrels (mb) even in 10-15 years from now if ever. A simple calculation will show why.

  4. 5 days ago · Brent crude was at $74.82 a barrel, down roughly 35 cents by 11:06 a.m. EDT (1506 GMT), while U.S. West Texas Intermediate crude was off 49 cents to $71.06 a barrel. Refinery crude runs fell by ...

  5. Apr 3, 2023 · OPEC and its allies, including Russia, agreed on Sunday to widen crude oil production cuts to 3.66 million barrels per day (bpd) or 3.7% of global demand.

  6. 5 days ago · Crude oil refinery inputs (million barrels per day) more refinery input data ›; Year ago Four-week averages Year ago Week ending 09/22/23 09/20/24 09/13/24 09/06/24 09/22/23 09/20/24

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  8. Sep 17, 2024 · Q. Why did oil prices suddenly decrease as the COVID-19 pandemic spread? A. There is an unprecedented amount of what we call demand destruction, which is when demand for oil products suddenly disappears. Industrial users across the globe have shut down.

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