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(Update) US Crude Storage Outlook - Small Draw
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(Update) US Crude Storage Outlook - Small Draw

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HFI Research
Dec 03, 2024
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(Update) US Crude Storage Outlook - Small Draw
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For the week ending Nov 29, we have a small crude draw of 0.85 million bbls. This week's crude draw is less than normal because of the recent drop in refinery throughput. As we will explain below, total liquids should see a sizable draw.

For US crude storage, this is what we are seeing:

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