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Oil surplus narrative had a choppy week — U.S. comparative inventory ticked up by 0.5 million barrels overall.
Here's the breakdown for the week through November 14: crude stocks dropped 3.9 mmb (decent draw), but gasoline climbed 0.9 mmb and distillate added 1.4 mmb. Product builds offset the crude decline, leaving the net picture muddled. Energy traders watching these swings closely as seasonal patterns shift.