Oil personal survey of stock confirmed headline crude draw of -2.4MLN vs -1.2MLN anticipated

Outcomes through oilprice.com on X:

Expectations forward of the discharge that I may see was:

• Headline crude -Zero.3mn barrels
• Distillates +Zero.7mn bbls
• Gasoline -Zero.7 mn

This knowledge level is from a privately-conducted survey by the American Petroleum Institute (API).

• It is a survey of oil storage amenities and firms
• The official report from the EIA is due Wednesday morning US time.

The 2 experiences are fairly totally different.

This text was written by Arno V Venter at investinglive.com.