EIA weekly US oil inventories -2508K vs -543K expected

Crude -2508K vs -543K expGasoline -235K vs +537K expDistillates -45K vs +824K expProduction 13.1mbpd vs 13.1 mbpd priorRefinery utilization +1.9% vs +0.7% expOil was trading at the lowest since February a short time before the report but was trading at $77.29 immediately before. Prices edged higher immediately after the numbers.The private data late yesterday showed:Crude -3104KGasoline -1269KDistillates +349KJCushing -601K This article was written by Adam Button at www.forexlive.com.

May 15, 2024 - 21:15
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EIA weekly US oil inventories -2508K vs -543K expected
  • Crude -2508K vs -543K exp
  • Gasoline -235K vs +537K exp
  • Distillates -45K vs +824K exp
  • Production 13.1mbpd vs 13.1 mbpd prior
  • Refinery utilization +1.9% vs +0.7% exp

Oil was trading at the lowest since February a short time before the report but was trading at $77.29 immediately before. Prices edged higher immediately after the numbers.

The private data late yesterday showed:

  • Crude -3104K
  • Gasoline -1269K
  • Distillates +349KJ
  • Cushing -601K
This article was written by Adam Button at www.forexlive.com.
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