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    DOE Update: Distillate Inventories Approach All-Time Highs

    Thu, 08/12/2010 - 03:05 EDT - Seeking Alpha
    • Sumit Roy
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    Sumit Roy submits:InventoriesThe Department of Energy reported that in the week ending August 6th, 2010, U.S. crude oil decreased by 3.0 million barrels, gasoline inventories increased by 0.4 million barrels, distillate inventories increased by 3.5 million barrels, and total petroleum inventories increased by 0.1 million barrels. Inventories remain at 10-year highs, while product inventories maintain record seasonal levels.Complete Story »

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      Sumit Roy submits:The Department of Energy reported that in the week ending July 23, 2010, US crude oil inventories decreased by 2.8 million barrels, gasoline inventories increased by 0.7 million barrels, distillate inventories increased by 2.1 million barrels, and total petroleum inventories increased 6.1 million barrels. Total petroleum inventories are now above the year ago level and at 10-year highs, while gasoline and distillate inventories are at or near record seasonal levels.

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      Sumit Roy submits:InventoriesThe Department of Energy reported that in the week ending June 25, 2010, U.S. crude oil inventories decreased 2 million barrels, gasoline inventories increased 0.5 million barrels, distillate inventories increased 2.5 million barrels, and total petroleum inventories increased 3.6 million barrels. Though more bearish than analysts’ expectations, the figures were very much in line with the 5-year average.

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      Sumit Roy submits:Inventories The Department of Energy reported that in the week ending August 27th, 2010, U.S. crude oil increased by 3.4 million barrels, gasoline inventories decreased by 0.2 million barrels, distillate inventories decreased by 0.7 million barrels, and total petroleum inventories increased by 4.0 million barrels.

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    • DOE Crude Oil Inventory Update

      Sumit Roy submits:Inventories The Department of Energy reported that in the week ending July 2, 2010, U.S. crude oil inventories decreased by 5 million barrels, gasoline inventories increased by 1.3 million barrels, distillate inventories increased 0.3 million barrels, and total petroleum inventories increased 0.4 million barrels. While the storage figures look bullish on the surface, they are very much in line with the 5-year average.

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      Hard Assets Investor submits: By Sumit Roy The Department of Energy reported Wednesday morning that in the week ending May 6, 2011, U.S. crude oil inventories increased by 3.8 million barrels, gasoline inventories increased by 1.3 million barrels, distillate inventories decreased by 0.8 million barrels and total petroleum inventories increased by 6.4 million barrels.

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    • Petroleum Report: Crude Oil Rises Despite Inventory Build

      Hard Assets Investor submits: By Sumit Roy The U.S. Department of Energy reported Wednesday that in the week ending May 20, 2011, U.S. crude oil inventories increased by 0.6 million barrels, while gasoline inventories increased by 3.8 million barrels, distillate inventories decreased by 2 million barrels and total petroleum inventories increased by 6.8 million barrels.

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