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Private API oil inventory data to be released after the close

Private API oil inventory data to be released after the close

The API oil inventory data for the week of January 20, will be released to subscribers at around 4:30 PM ET today.

That data is a prelude to the EIA weekly inventory data tomorrow.

Recall, that the last two crude oil stocks had much higher than expected builds. Last week the build was 8.41M barrels and the prior week was 18.962M barrels (highest since March 3, 2021 week).

So what are the expectations for the data tomorrow?

Posted: Jan 24 2023, 20:50
Author Name: forexlive
Views: 110566

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