Forex
globalreutersFebruary 26, 20251 Mins read
EIA weekly US crude oil inventories -2332K vs +2605K expected
globalreutersFebruary 26, 20251 Mins read - Prior was +4633K
- Gasoline +369K vs -849K exp
- Distillates +3908K vs -1488K exp
The crude draw is good news for the beaten-up oil market but the products numbers are bearish. Higher refinery runs were looking to capture a tighter diesel and fuel oil market.
Private data from late yesterday:
- Crude -640K
- Gasoline +537K
- Distillates -1109K
This article was written by Adam Button at www.forexlive.com.
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