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Private oil survey data shows headline crude build vs. the draw that was expected

The inventory data from the private survey is out now, official data follows Wed. morning (US time).more to come--Expectations I had seen centred on:Headline crude -2.0 mn barrelsDistillates -0.1 mn bblsGasoline -2.0 mn--This data point is from a privately-conducted survey by the American Petroleum Institute (API):It's a survey of oil storage facilities and companiesThe official report is due Wednesday morning US time. The two reports are quite different. The official government data comes from... Read More

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Posted: Jul 25 2023, 20:33

Author Name: forexlive

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