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Private oil survey data shows smaller headline crude draw than was expected

The inventory data from the private survey is out now, official data follows Wed. morning (US time).Via the folks at Zero Hedge:--Expectations I had seen centred on:Headline crude -2.3 mn barrelsDistillates -0.1 mn bblsGasoline -2.1 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... Read More

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Smaller

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Crude

Draw

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Posted: Jul 18 2023, 20:40

Author Name: forexlive

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