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Investing.com - US crude inventories and product builds are expected to increase for the week ending June 21, according to a note from strategists at Macquarie.
Macquarie predicts a rise of 5.3 million barrels (MM BBL), compared to a draw of 2.5 MM BBL for the week ending June 14. This indicates that the total US crude balance may be looser than initially expected.
Macquarie's model suggests a minor decrease in crude runs from refineries following last week's soft figures. As for net imports, ...
>>> Read more: US crude stockpiles expected to rise - Macquarie
Macquarie predicts a rise of 5.3 million barrels (MM BBL), compared to a draw of 2.5 MM BBL for the week ending June 14. This indicates that the total US crude balance may be looser than initially expected.
Macquarie's model suggests a minor decrease in crude runs from refineries following last week's soft figures. As for net imports, ...
>>> Read more: US crude stockpiles expected to rise - Macquarie
