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US Crude Storage Outlook - So Far So Good

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HFI Research
Nov 05, 2024
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For the week ending Nov 1, we have a crude build of 2.81 million bbls. This includes the SPR build of 1.4 million bbls.

This week's build will be in-line with the 5-year average build of 3.745 million bbls.

Looking at US commercial crude storage so far, the build has not been meaningful.

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