Stocks fall as turnarounds run into winter

摘要

Colder weather in the US reduced stock levels in thesecond half of last month.Inventories of heating oil and propane plummeted byalmost 20mn bl in the three weeks to 2 February as temper-atures dropped across the US.The surge in demand came atthe start of an early spring turnaround period which cut UScrude runs to l4.8mn b/d from 15.6mn b/d at the beginningof January.