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Wednesday, April 05, 2017

EIA weekly US oil inventories 1.566m vs -150k exp

  • Prior 867k
  • Private report -1.8m
  • Cushing 1.413m vs 125k exp. Prior -220k
  • Gasoline -618k vs -1.750m exp. Prior -3.747m
  • Distillate -536k vs -1.000m exp. Prior -2.483m
  • Production 9.199m vs 9.147m prior
  •  That's a huge miss, especially being a build against the private report, which showed a big draw.

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