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EIA reports a fall in U.S. crude supply, but gasoline stocks rise more than expected

“Data from the U.S. Energy Information Administration Wednesday showed that domestic crude supplies fell 5.6 million barrels for the week ended Dec. 1” writes Markets Commodities Reporter for marketwatch.com. Gasoline stockpiles jumped by 6.8 million barrels for the week, while distillate stockpiles added 1.7 million barrels, according to the EIA. The S&P Global Platts survey forecast a supply rise of 2.7 million barrels for gasoline and an increase of 1.5 million barrels for distillates.That was bigger than the forecast for a decline of 4.1 million barrels from analysts surveyed by S&P Global Platts.
 
Source: marketwatch.com



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