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QP - The Week in Crude Oil Markets - November 11, 2019
US crude oil inventories increased by 7.9 MMbbl the week that ended Nov. 1, according to last week’s report from the US Energy Information Administration. Gasoline and distillate inventories decreased 2.8 MMbbl and 0.6 MMbbl, respectively. Total petroleum inventories posted an increase of 3.9 MMbbl, generated primarily by the crude build. US crude oil production was unchanged from the previous week, while crude oil imports were down by 0.62 MMbbl/d to 6.1 MMbbl/d. WTI......
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