Crude inventories decreased by 9.9 million barrels, for the week ending December 10, from the previous week to 346.0 million barrels and were above the upper limit of the average range for this time of year. U.S. crude oil refinery inputs averaged 15.0 million barrels per day during this period, 71 thousand barrels per day above the previous week’s average. U.S. crude oil imports were averaging 7.7 million barrels per day, down by 1.4 million barrels per day from the previous week.
Upcoming Releases
Initial Claims (12/16 at 8:30 AM EST)
Housing Starts (12/16 at 8:30 AM EST)
Building Permits (12/16 at 8:30 AM EST)
Leading Indicators (12/17 at 10:00 AM EST)
