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EIA weekly US oil inventories +1371K vs +239K expected

EIA weekly US oil inventories +1371K vs +239K expected
Prior was -4491KGasoline +156K vs -897K expectedDistillates -1686K vs -1168K expectedRefinery utilization -0.5% vs +0.4% expectedImplied mogas demand 8.86m vs 8.94m priorDomestic production 13.2 mbpd vs 13.2 mbpd priorLate yesterday's API data:Crude -2668KGasoline -4169KDistillates -2313KCushing +513KWTI has declined for four days in a row and was down 54-cents ahead of the data to $83.18 as geopolitical fears cool. These numbers aren't as bullish as the API report and oil is testing $83.00 afte... Read More
Posted: Oct 25 2023, 14:30
Author Name: forexlive
Views: 092051

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