U.S. Crude Inventories Drop Most Since 1999 After Hermine: Chart

U.S. Oil Supplies Drop Most Since 1999

U.S. crude-oil stockpiles dropped the most since 1999 as tropical storm Hermine delayed the arrival of cargoes on the Gulf of Mexico coast. Inventories fell by 14.5 million barrels to 511.4 million in the period ended Sept. 2, the Energy Information Administration said on Thursday. Even with the decrease, supplies remain at the highest seasonal level in at least three decades.

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