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Private oil survey data shows a huge headline build, order of magnitude more than 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 +0.5mn barrelsDistillates -0.8 mn bblsGasoline -0.8 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 t...
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Posted: Oct 11 2023, 20:36
Author Name: forexlive
Views: 112871