HomeBlogUncategorizedEIA weekly oil inventories +3845K vs -1809K expected

EIA weekly oil inventories +3845K vs -1809K expected

This ends a streak of large draws.

Prior was -5836KGasoline +4188K vs -236K expectedDistillates -1710K vs -960K expected

API data from late yesterday:

Crude +680KGasoline +1920KDistllates -3458K

Oil was higher earlier in the day but began a slump well before this data and was trading up 15-cents before the data.

This article was written by Adam Button at www.forexlive.com.


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