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Private oil survey data shows large headline crude build vs a draw expected
The inventory data from the private survey is out now, official data follows Wed. morning (US time).The numbers via Twitter:The headline crude result was expected to be a draw of 1.22 million barrels.Expectations I had seen centred on: Headline crude -1.2 mn barrels Distillates +0.9 mn bbls Gasoline -0.5 mnThis 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 mornin...
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Posted: May 31 2023, 20:36
Author Name: forexlive
Views: 081415