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According to Dow Jones on October 16, analysts surveyed by the Wall Street Journal expect data released by the US Department of Energy on Wednesday to show an increase
in US crude oil inventories last week.
The 10 analysts and traders surveyed expected U.
S.
crude inventories to increase by 1.
5 million barrels
in the week ended Oct.
12.
Seven analysts expected inventories to rise, while the rest expected inventories to fall, with forecasts ranging from an increase of 3.
9 million barrels to a decrease of 3.
5 million barrels
.
According to Dow Jones on October 16, analysts surveyed by the Wall Street Journal expect data released by the US Department of Energy on Wednesday to show an increase
in US crude oil inventories last week.
The 10 analysts and traders surveyed expected U.
S.
crude inventories to increase by 1.
5 million barrels
in the week ended Oct.
12.
Seven analysts expected inventories to rise, while the rest expected inventories to fall, with forecasts ranging from an increase of 3.
9 million barrels to a decrease of 3.
5 million barrels
.
