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Contact: Mr. Qin)
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It was announced that U.S. crude oil inventories increased by 10,000 barrels in the week ending March 1, to 100 million barrels, while analysts expected an increase of 10,000 barrels. Cushing crude oil inventories increased by 0.0 million barrels.
In addition, gasoline inventories decreased by 0.0 million barrels last week, which is expected to decrease by 10,000 barrels. Refined oil inventories decreased by .
U.S. crude oil imports increased by 10,000 barrels/day last week to 10,000 barrels/day. U.S. refining capacity decreased by 0.0 million barrels per day last week.
Oil prices extended losses sharply in after-hours trading as data showed U.S. crude inventories rose much more than expected last week.
Zrhd, a well-known financial blog, commented on crude oil inventory data and said that it was expected to increase by 10,000 barrels in a seasonal normal, but actually recorded a substantial increase of 10,000 barrels, which was the largest increase in refined oil inventories since January this year for the sixth consecutive week. The decline was recorded, while gasoline inventories also recorded their largest decline in a month, but Cushing inventories increased by the largest amount in a month.
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