HomeBlogUncategorizedUS weekly private oil inventories show a large drawdown in crude supplies

US weekly private oil inventories show a large drawdown in crude supplies

Crude -4800KPrior was +2480KGasoline +7000KDistillates +1000K

Expectations for tomorrow’s EIA report

Crude -2310KGasoline +4518KDistillates +1943K

WTI is struggling this week and finished lower by 49-cents on Tuesday. The crude number here is nice but that’s a fat build in gasoline and comes after a 4.5mb build in last week’s EIA data.

This article was written by Adam Button at investinglive.com.


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