US crude stocks to fall further, end below year-ago levels, say analysts

Capt. John

U.S. crude oil stocks have fallen to their lowest level this year and likely will shrink further, analysts said, as record demand, producer supply cuts, weaker futures and rising storage costs all point to increasing drawdowns. A tight crude market is poised to extend into 2024 and add upward...

https://www.hellenicshippingnews.com/us-crude-stocks-to-fall-further-end-below-year-ago-levels-say-analysts/

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