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US Crude Stocks Fall To Lowest Since January

Oil

US crude oil inventories fell by 6.30M bbls w-o-w to 502.91M bbls in the week ending 30 June, the lowest since January, according to the US Energy Information Administration (EIA). US crude imports declined by 274K b/d from the prior week to 7.74M b/d. US crude oil refinery throughputs increased by 251K b/d w-o-w to 17.14M b/d.