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EIA weekly US crude oil inventories -600K vs -2348K expected

EIA weekly US crude oil inventories -600K vs -2348K expected
Prior was -708KGasoline -786K vs -1678K expectedDistillates -245K vs -301K expectedRefinery utilization -0.9% vs +0.1% expectedProduction estimate mbpd 12.2 mbpd vs 12.3 mbpd priorImpld mogas demand: 8.94mbpd vs 8.86mbpd priorThe API data released late yesterday:Crude +1319KGasoline -1043KDistillates +1614KThese numbers are better than the API data but still below the consensus and it's the time of year where you would expect to be seeing larger draws. Oil is lower on the data... Read More
Posted: Jul 26 2023, 14:30
Author Name: forexlive
Views: 092172

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