Crude oil inventories in the United States decreased by 9.3 million barrels during the week ending September 12, after adding 3.9 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The draw is one of the largest weekly draws seen over the last few years, and brings commercial stockpiles to 415.4 million barrels according to government data, which is 5% below the five-year average for this time of year. The EIA’s data release follows API’s figures that…
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