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Private survey of oil inventory shows larger weekly headline draw than was expected
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 oil -1.1mn barrels Distillates -0.9 mn bbls Gasoline -1.3 mn--This data point is from a privately-conducted survey from 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...
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Posted: Apr 18 2023, 20:36
Author Name: forexlive
Views: 110528