Top Insights
- Prior was +3165K
- Gasoline -4256K vs -820K expected
- Distillates -1268K vs -604K expected
- Production 13.1 mbpd vs 13.1 mbpd prior
- Implied mogas demand: vs 8.715Mbpd prior
There has been some minor selling in oil on the headlines.
API data late yesterday showed:
- Crude -2286K
- Gasoline -1416K
- Distillates -2548K
This article was written by Adam Button at www.forexlive.com.
Related Articles
US crude oil futures settled $72.57
US crude oil futures settled at $72.57, gaining $0.32 (+0.44%) on the...
USDJPY stretches to the swing area and the 50% retracement
USDJPY broke below its yearly low and February low at 150.943, accelerating...
More from Musalem: Expects inflation to wane but there are upside risks
Modestly restrictive policy is key to getting inflation back to targetIt will...
White House nat sec advisory Waltz: Zelensky needs to return to table on critical minerals
Europe needs to step up for their own defense as a NATO...
Leave a comment