EIA weekly US crude oil inventories +2149Okay vs +1103Okay anticipated
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- Prior was +5474
- Crude oil inventories +2149Okay vs +1103Okay exp
- Gasoline inventories +412Okay vs -878Okay exp
- Distillates inventories +2947Okay vs -1137Okay exp
- Refinery utilization +1.four% versus expectations of +zero.three%
Personal stock knowledge launched late yesterday:
- Crude +1643Okay
- Gasoline -2019Okay
- Distillates -1478Okay
As we speak’s report is bearish for crude however forward of the report, it had made a formidable comeback.
This text was written by Adam Button at www.ubaidahsan.com.
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