Commercial crude oil stocks fell last week on the back of a rise in exports and a decrease in imports. Going forward, though, the US government’s plan to further draw down its strategic oil reserves, in addition to improving production, should lead to a recovery in commercial stocks in the coming months.
French election Drop-In (21st April, 09:00 BST/16:00 SGT): Join our Europe and Markets economists the morning after the crucial Macron vs Le Pen debate for a briefing about risks around the presidential election, including to the French economy, the European Union and the euro. Register now.
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