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Weekly EIA Oil Report – March 31st

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Miguel A. Rodriguez
Miguel A. Rodriguez
31 March 2022
Here are the latest details from the U.S. Energy Information Administration regarding diesel fuel, heating oil, gasoline, and many more, for the week ending on March 25th

U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending March 25, 2022. The figures were 35,000 barrels per day higher compared to the previous week’s average.

U.S. crude oil imports averaged 6.3 million barrels per day last week, up by 227,000 barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.4 million barrels per day.

U.S. commercial crude oil inventories decreased by 3.4 million barrels from the previous week.

Total products supplied over the last four-week period averaged 20.7 million barrels a day, up by 8.1% from the same period last year.

Sources: eia.gov

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.