EIA weekly crude oil inventories -2762K vs -569K expected

News

oil 10 mins

  • Prior was +1956K
  • Distillates +2559K vs +328K exp
  • Gasoline +2645K vs -452K exp
  • Refinery utilization +1.0% vs +0.5% exp

This is a two-for-one report because of technical problems last week.

The headlines for the latest week mirror the API data released late yesterday:

  • Crude -3799K
  • Gasoline +2852K
  • Distillates +2613K
  • Cushing -650K

Articles You May Like

Yen Staying Soft on Rising US Yields, Aussie Vulnerable to Further Declines Ahead of RBA Minutes
Australian Dollar continues to recover despite an improved US Dollar
Buy the dip! HAL, PNB, IDFC First Bank among 10 stock ideas from Jefferies
USDCHF Technical Analysis – Will the US Dollar reach new highs?
EURUSD Technical Analysis – We need stronger reasons to push into new lows

Leave a Reply

Your email address will not be published. Required fields are marked *