Stocks of crude and products in the US, Europe and Japan fell by 600,000 b/d last month, but were still the highest end-November level since 2010. Most of the draw was in crude inventories, which fell by 450,000 b/d in November after a large jump in refnery throughputs at the end of the autumn maintenance season. The increase in throughputs boosted product stocks in Europe and Japan. But there was a 400,000 b/d draw in US stocks, indicating frm demand both domestically and in export markets.
展开▼
