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In the latest report from the Energy Information Agency, US crude inventories fell 6.7 million barrels to 452.3 million barrels in the week ending 25 June 2021 – the sixth straight falling week as refineries continue to ramp up operating rates. 

Refinery utilization rates rose to 92.9% of the total capacity.

Gasoline inventories increased 1.5 million barrels during the week to 241.6 million barrels.

Net US crude imports fell by 603,000 barrels per day.