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US Oil Stocks: Summer dip?


US Oil Stocks: Summer dip?

Report summary

US crude oil stocks decreased by 4.3 million barrels in the week of July 10 2015 following two weeks of unexpected stock builds. The recent large decrease in crude oil stocks were almost twice as large as the build in the preceding weeks. We are continuing to hold  our view that US oil stocks will continue to decline through the summer as refinery crude runs rise to record levels. These stock withdrawals support our view for 3Q 2015.

What's included?

This report includes 1 file(s)

  • US Oil Stocks: Summer dip? PDF - 270.88 KB 3 Pages, 0 Tables, 2 Figures

Description

This Oil Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an expert point of view to help inform your decision making.

Wood Mackenzie gives you an informed, independent view on oil prices and the key drivers and trends impacting the oil market. Our highly experienced macro analysts and regional sector teams are based in the key oil producing and consuming regions they analyse, providing detailed field data and demand forecasts driven by country and industry forecasts.

Wood Mackenzie's trusted insight helps you deliver successful growth strategies.

In this report there are 2 tables and charts.

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