Strategists Project 9.3MM Barrel USA Crude Inventory Drop
August 01, 2023
Macquarie strategists projected that U.S. crude inventories will be down 9.3 million barrels for the week ending July 28 in a new report sent to Rigzone on Monday.
“This follows a 0.6 million barrel draw for the week ending July 21, with the total U.S. crude balance realizing much looser than our expectations and exhibiting extremely strong implied supply,” the strategists said in the report.
