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US Crude Storage Outlook - Build
EIA

US Crude Storage Outlook - Build

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HFI Research
Jan 07, 2025
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HFI Research
US Crude Storage Outlook - Build
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For the week ending Jan 3, we have a crude build of 5.41 million bbls. US crude exports are materially lower resulting in crude storage to build.

Relative to the 5-year average showing no change in storage, this report will be perceived bearishly. There are also tax games being played so hence the larger than normal build to start the year.

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