US crude inventories likely lower as refiners up runs

摘要

US crude inventories likely fell last week as refiners exiting maintenance boosted runs, an analysis by S&P Global Commodity Insights showed March 20. While production was expected to have edged higher to 12.3 million b/d, refinery inputs were expected to have averaged at roughly 15.6 million b/d, up 180,000 b/d on the week, and up 600,000 b/d from the week ended March 3, based on the most recent US Energy Information Administration data.