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Crude oil inventories in the United States fell more than expected last week, their lowest level since 2015, with falling exports and dropping stocks in the Kashing Delivery Center
. At 404.94 million barrels during the week ending July 20, compared to analysts' expectations of a decline of 2.3 million barrels, the lowest level since February 2015.
These stocks n & rsquo; Do not include the country's strategic oil reserves in case of emergency. 19659002] The Department said crude oil stocks in the center of Kashing, Oklahoma's futures contract fell by 1.1 million barrels to 23.73 million barrels, its lowest level since November 2014.
Consumption of crude oil refineries increased from 46,000 barrels per day to 17.29 million barrels per day. While refinery operating rates fell by 0.5 percentage points to 93.8%.
Gasoline inventories fell 2.3 million barrels to 233.5 million barrels, while analysts in a Reuters poll forecast a drop of 713,000 bpd.
Distillation, which includes diesel and fuel oil, dropped 101,000 barrels to 121.21 million barrels US net crude oil imports fell 2.5 million barrels a day to 5.09 million barrels barrels per day, with exports increasing from 1.2 million barrels per day to 2.7 million barrels per day. Million barrels a day, a record high recorded in the week ending June 22nd.
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