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UBS estimates Hurricane Francine has disrupted up to 1.5 million barrels of US crude production; oil prices expected to continue rising in near-term as inventories decline, supply lags demand growth

US national gas price average decreased 6 cents to US$3.24 in week ended Sep. 12, and was 20 cents lower month-over-month; gas demand decreased from 8.93 to 8.47 million b/d, total domestic gasoline stocks rose to 221.6 million bbl: AAA

Price of benchmark softwood lumber steady at US$396 mfbm at end of August; lumber prices have approached same levels as year ago, amid low inventory and reduced supply

Verusen survey: 71% of manufacturing leaders see MRO as strategic; only 58% report MRO treated as strategic initiative in their organizations

US commercial crude oil inventories in week ended Sep. 6 increased by 0.8 million barrels from the previous week to 419.1 million barrels; inventories are about 4% below the five year average for this time of year: EIA

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