EIA weekly crude oil inventories -1178K vs -2800K expected


  • Previously it was -4237
  • Expected gasoline +7717K vs. +314K
  • Distillates are expected to +6406K vs -52K
  • Refinery utilization +0.2% compared to the expected +0.2%.

These are some bearish numbers, especially on the product side. WTI crude oil hit a daily high of $73.53 before the report, up $1.79.

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



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