Late Tuesday, the American Petroleum Institute (API) estimated that US crude oil inventories would fall by 3.06 million barrels, compared to the market's expectation of the draw of 167,000 barrels. A significant decrease in inventory implies an increase in crude demand in the United States, easing market concerns about falling demand.
According to data from the US Energy Information Administration (EIA), crude inventories in the United States fell by 5.89 million barrels, compared to estimates for a drop of 1.66 million barrels. The American Petroleum Institute reported a 3.1 million barrel draw in the week ending December 16, according to market sources."This report is very bullish, especially given that there is a draw from the crude oil equation and distillate inventories have stopped building ahead of the cold blast," Price Futures Group analyst Phil Flynn said.
Late Tuesday, the American Petroleum Institute (API) estimated that US crude oil inventories would fall by 3.06 million barrels, compared to the market's expectation of the draw of 167,000 barrels. A significant decrease in inventory implies an increase in crude demand in the United States, easing market concerns about falling demand.
According to data from the US Energy Information Administration (EIA), crude inventories in the United States fell by 5.89 million barrels, compared to estimates for a drop of 1.66 million barrels. The American Petroleum Institute reported a 3.1 million barrel draw in the week ending December 16, according to market sources."This report is very bullish, especially given that there is a draw from the crude oil equation and distillate inventories have stopped building ahead of the cold blast," Price Futures Group analyst Phil Flynn said.
Box Style | CBD Oil Boxes |
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Dimension (L + W + H) | All Custom Sizes and Shapes |
Quantities | 10pt to 28pt (60lb to 400lb) Eco-Friendly Kraft, E-flute Corrugated, Bux Board, Cardstock |
Printing | No Printing, CMYK, CMYK + 1 PMS color, CMYK + 2 PMS colors |
Finishing | Glossy / Matte Lamination, Aqueous Coating,UV Process, , Hot Foiling, Embossing |
Included Options | Die Cutting, Gluing, Scored,Perforation |
Additional Options | Eco-Friendly, Recycled Boxes, Biodegradable |
Proof | Flat View Template, 3D Mock-up, Physical Sampling (On request) |
Turnaround | 6-8 Business Days, Expedite 10-12 Business Days, Standard |
Shipping | FLAT |
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