US EIA Refinery Crude Runs Change (Jan/02) 0.062M (Prev. 0.071M)
Newsquawk Staff ·
US EIA Refinery Crude Runs Change (Jan/02) 0.062M (Prev. 0.071M)
What it means
The US EIA's latest report indicates a slight decrease in refinery crude runs, dropping to 0.062 million barrels from the previous 0.071 million. This marginal decline could signal a tightening in supply, potentially supporting oil prices if the trend continues, especially in a market already sensitive to supply shocks.
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