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QP - The Week in Crude Oil Markets - October 14, 2019
US crude oil inventories posted an increase of 2.9 MMbbl for the week that ended Oct. 4, according to last week’s report from the Energy Information Administration. Gasoline decreased 1.2 MMbbl, and distillate inventories decreased 3.9 MMbbl. Total petroleum inventories posted a decline of 8.3 MMbbl. US crude oil production increased 0.2 MMbbl, while crude oil imports were down 0.67 MMbbl/d, to an average of 6.2 MMbbl/d. Crude spent the beginning of the week......
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