US crude and product stockpiles dropped further for the week of February 21, said the US Department of Energy. Against market expectations, US crude oil imports continued to fall, dropping 400,000 barrels/day to 8.3 million b/d during the week of February 21. Crude oil inventories were drawn down by 1 million barrels to make up…
MARKETS: US reports further declines in crude and product inventories
Posted on February 27, 2003 by EnergyAsia