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USA: unexpected increase in weekly crude inventories

(AOF) – In the United States, weekly oil inventories rose by 1.956 million barrels against a consensus of -1.314 million after +2.025 million barrels the previous week. Gasoline inventories fell 0.71 million barrels. The market expected a rise of 1.066 million after -0.812 million the previous week. Distilled products inventories increased by 0.725 million barrels against a consensus of 0.292 million after +2.592 million the previous week. At the end of the afternoon, the price of a barrel of American WTI fell 1.1% to 117.7 dollars.


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