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globalreutersDecember 11, 20241 Mins read
EIA weekly crude oil inventories -1425K vs -901K expected
globalreutersDecember 11, 20241 Mins read - Gasoline +5086K vs +1664K exp
- Distillates +3235K vs +1373K exp
- Refinery utilization -0.9% vs -0.5% exp
Don’t led the headline fool you, those product builds are negative. That said, they were flagged in the private inventory data released late yesterday that showed:
- Crude +499K
- Gasoline +2852K
- Distillates +2452K
WTI was strong ahead of the report, up 99 cents to $69.57.
This article was written by Adam Button at www.forexlive.com.
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