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Wednesday, December 14, 2016

US weekly oil inventories -2563K vs -1500K expected

  • Prior was -2389K
  • Gasoline +1223K
  • Distillates -762K
  • Production +1.1% w/w
  • Production -4.1% y/y
Here are the expectations:
  • Oil -1500K
  • Gasoline +1000K
  • Distillates +2000K
  • Cushing +1000K
API (released late yesterday)
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