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QP - The Week in Crude Oil Markets - September 9, 2019
US crude oil inventories posted a decrease of 4.8 MMbbl for the week that ended Aug. 30, according to last week’s report from the Energy Information Administration. Gasoline and distillate inventories decreased 2.4 MMbbl and 2.5 MMbbl, respectively. Total petroleum inventories posted a decline of 4.9 MMbbl. US crude oil production decreased 100,000 bbl/d, while imports were up 0.9 MMbbl/d to 6.9 MMbbl/d. The WTI market opened the week falling on its face as......
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