US Crude Storage Outlook - Large Crude Draw

Jan 22, 2025

∙ Paid

For the week ending Jan 17, we have a crude draw of 10.84 million bbls. This is an exceptionally large crude draw for this time of the year. This is mainly thanks to very low crude imports and very high crude exports. This is not expected to continue into next week.

Looking at our US crude storage forecast:

HFI Research

US Crude Storage Outlook - Large Crude Draw

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