NEW YORK
U.S. crude inventories fell in the week ended Sept. 28, against
expectations for an increase, according to data released Wednesday by the Energy
Information Administration unit of the U.S. Department of Energy
Crude oil stockpiles dropped 482,000 barrels to 364.7 million barrels,
compared with an average survey estimate of a rise of 1.5 million barrels
Gasoline stockpiles rose 114,000 barrels, to 195.9 million barrels, the EIA
said in its weekly report
Analysts surveyed by Dow Jones Newswires expected a
fall of 700,000 barrels
Distillate stocks, which include heating oil and diesel fuel, dropped 3.689
million barrels to 124.1 million barrels, compared with analysts' forecast of a
drop of 300,000 barrels
Refining capacity utilization rose 0.8 percentage point to 88.2%
Analysts
had expected a fall of 0.3 percentage point
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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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