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US Product Inventories Fall

Oil

US total gasoline stocks fell by 6.6M bbls w-o-w to a 7-week low of 249.3M bbls, US EIA data shows. This includes a 3.8M bbls drop in East Coast stocks. US total distillate inventories fell by 2.7M bbls to a 10-week low of 161.5M bbls.