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EIA: US crude inventories piled up more than expectedEIA: US crude inventories piled up more than expected |
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The Energy Information Agency on Wednesday, 27 October 2021 released the latest data on US crude inventories last week which showed a large buildup of 4.3 million barrels as a result of the rising imports. Total nationwide stocks jumped to 430.8 million barrels.
US gasoline stocks fell by 2 million barrels to 218.5 million barrels, the lowest levels since 2017.
Refinery utilization rates rose 0.4 percentage points to 85.1% by the week ending 22 October.
