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Private oil survey data shows headline crude oil draw

The inventory data from the private survey is out now, official data follows Wed. morning (US time).Via Twitter:Expectations I had seen centred on:Headline crude +0.3 mn barrelsDistillates +0.7 mn bblsGasoline +0.1 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 the... Read More

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Posted: Jun 21 2023, 20:36

Author Name: forexlive

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