US Crude Oil Inventories Drop 11.12M Barrels
The American Petroleum Institute estimated that US crude oil inventories fell by 11.12 million barrels in the week ending October 9, following a 2.09 million barrel decline the prior week. Commercial crude inventories excluding the SPR also decreased.
Original · OilPrice.com AI summary of public reporting
Why: Crude inventories fall 11.12M barrels → tighter supply
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At publication → CurrentCL93.98 → 93.64−0.4%