The USA Energy Information Administration (EIA) announced that commercial crude oil stocks in the country decreased by 7 million 200 thousand barrels (1.7 percent) last week to approximately 425 million 400 thousand barrels. The market expectation was that the stocks would decrease by 2 million 833 thousand barrels.
Strategic crude oil stocks, which are not included in commercial crude oil stocks, remained stable at 621 million 300 thousand barrels. In the said period, US gasoline stocks increased by 1 million 300 thousand barrels (0.6 percent) to 227 million 200 thousand barrels.
Oil production increased
The USA's crude oil imports increased by 183 thousand barrels per day on average compared to the previous week and reached approximately 6 million 340 thousand barrels, while exports increased by 228 thousand barrels per day and reached 3 million 40 thousand barrels. Daily crude oil production of the country, August 21-27. increased by 81 thousand barrels in the last week to approximately 11 million 904 thousand barrels.
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