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Private oil survey data shows a huge headline crude, order of magnitude more than expected

Private oil survey data shows a huge headline crude, 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... Read More
Posted: Oct 11 2023, 20:36
Author Name: forexlive
Views: 092076

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