TeachMeFinance.com - explain Crude oil, refinery receipts
Crude oil, refinery receipts The term 'Crude oil, refinery receipts' as it applies to the area of energy can be defined as ' Receipts of domestic and foreign crude oil at a refinery. Includes all crude oil in transit except crude oil in transit by pipeline. Foreign crude oil is reported as a receipt only after entry through customs. Crude oil of foreign origin held in bonded storage is excluded'.
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