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US weekly EIA crude oil inventories -10584K vs -3267K expected

US weekly EIA crude oil inventories -10584K vs -3267K expected
Prior crude -6135KKGasoline -214K vs -933K expectedDistillates +1235K vs +189K expectedRefinery utilization -1.2% vs +0.0% expectedProduction estimate 12.8 mbpd vs 12.8 mbpd priorImpld mogas demand: 9.07 mbpd vs 8.91 mbpd priorThe API data late yesterday showed:Crude -11486KGasoline -1400KDistillates +2460KThis number isn't quite as good as the API number but there was some disbelief at the huge API draw and now there are fresh bids in oil. This article was written by Adam But... Read More
Posted: Aug 30 2023, 14:30
Author Name: forexlive
Views: 092010

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