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Oil - private survey of inventory shows much larger build than was expected

Oil - private survey of inventory shows much larger build than was expected

This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.

Via Twitter:

Expectations I had seen centred on:Headline crude +0.5 mn barrelsDistillates -0.5 mn bblsGasoline +0.5 mn

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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 diff... Read More

Posted: Feb 28 2023, 21:38
Author Name: forexlive
Views: 082267

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