U.S. crude stocks build unexpectedly as imports jump, output climbs – EIA

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U.S. crude stocks build unexpectedly as imports jump, output climbs – EIA

09 November 2017, New York — U.S. crude oil stockpiles rose unexpectedly last week as imports jumped, exports tumbled and production inched up to its highest since at least 1983, the Energy Information Administration said on Wednesday. Gasoline and distillate inventories fell to multi-year lows, even as refining rates rose, the statistical arm of the …

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