US crude stocks fall by more than expected

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US crude stocks fall by more than expected

Mar 20, 2024 7:16 AM

The Energy Information Administration reported a drop of 2 million barrels in US crude stocks last week to a toal of 445 million barrels, while analysts expected a drop of 1.2 million barrels.

Gasoline stocks fell 3.3 million barrels to 230.8 million barrels, as distillate stocks rose by 0.6 million barrels to 118.5 million barrels.

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