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Crude oil inventories in the United States rose 3.6 million barrels last week, exceeding market expectations.
The US Energy Information Administration (EIA) has announced that the country's commercial crude oil inventories increased by 3.6 million barrels (0.8%) to 450.5 million barrels last week.
The market is expecting an inventory increase of 800,000 barrels. Crude oil inventories rose 4.9 million barrels the previous week.
At the same time, crude oil inventories, which are not part of commercial crude oil inventories, fell by 2 million barrels (0.3%) last week, to 650.6 millions of barrels.
Gasoline inventories in the United States declined 800,000 barrels (0.3%) last week to settle at 224.6 million barrels. The market had gasoline inventories of 600,000 barrels. Gasoline inventories fell 1.3 million barrels the previous week.
OIL PRODUCTION RECORD
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US crude oil imports reached 8.16 million barrels a day, with an average daily average of 608,000 barrels over the previous week, while exports increased 473,000 barrels per day to 2.44 million barrels per day. millions of barrels a day.
The country's crude oil production last week decreased by 5,000 barrels a day compared to the previous week. The decline was caused by production in the state of Alaska, while in other states there was no change.
Thus, crude oil production in the United States during the week of November 17 to 23 was about 11.7 million barrels a day and remained a record in the history of the country.
The country's crude oil production has dropped 9 times in the last 46 weeks.
According to the EIA report on the short-term energy outlook of November 2018, the country's average daily crude oil production is expected to reach 10.9 million barrels this year and 12.1 million barrels a year. next year.
OIL PRICE DOLLARS
When the rise in crude oil inventories in the United States exceeded market expectations, crude oil prices declined in the global market.
Yesterday, the price of Brent crude oil the most widely used $ 58.88, the price of a barrel of crude oil West West Texas (WTI), fell to 50.09 dollars.
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