Washington-SANA
The US Energy Information Administration announced that US crude oil and distillate inventories fell sharply last week.
Reuters quoted the administration as saying in its latest data: that crude stocks fell by 5.9 million barrels in the week ending in December to 418.2 million, while analysts expected a decrease to 1.7 million barrels, noting that crude refinery operations also declined by 150 thousand barrels per day in the week. Same, while refinery operating rates decreased by 1.3 percentage points.
According to the administration's data, distillate stocks, which include diesel and heating oil, fell by 242 thousand barrels in the same week to 119.9 million, compared to expectations of an increase of 336 thousand.
Net US imports of crude also fell to 1.09 million barrels per day.
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