EIA report forward-looking: US crude oil inventories may drop for the second week in a row last week

Foreign news on December 6th, a preliminary investigation released on Monday showed that US crude oil inventories were expected to drop for the second consecutive week last week, and gasoline and distillate inventories are expected to increase
.


The average survey of six analysis institutions shows that as of the week of December 3, US crude oil inventories are expected to decrease by approximately 1.
9 million barrels
.


As of the week of November 26, US crude oil inventories fell by 910,000 barrels, and analysts expected a decrease of 1.
2 million barrels
.


The American Petroleum Institute (API) will release a report at 05:30 Beijing time on Wednesday, and the U.
S.
Energy Information Administration (EIA) will release an inventory report at 23:30 Beijing time on Wednesday
.


Analysts predict that US gasoline inventories are expected to increase by about 1.
6 million barrels last week
.
Distillate stocks, including diesel and heating oil, are expected to increase by about 2.
1 million barrels
.


  The survey found that the capacity utilization rate of US refineries was expected to increase by 0.
4% last week, from 88.
8% in the week ended November 26
.