-0.6 C

EIA US weekly oil inventories -427K vs -2100K expected

Must read

Weekly US petroleum inventory data:

US oil
  • Prior was -7990K
  • Gasoline +378K vs 0K expected
  • Distillates -1743K vs -1500K expected
  • Refinery utilization -0.4% vs +0.4% expected
  • Production estimate 11.0 mbpd vs 10.9 mbpd prior

API data released late yesterday showed:

  • Crude -2530K
  • Gasoline +5640K
  • Distillates -0.870K
  • Cushing -1210K

WTI crude hit a daily high of $66.60 about 10 minutes before this report. It’s down to $66.26 now.

Invest in yourself. See our forex education hub.

Source link

- Advertisement -spot_img

More articles


Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest article