Wednesday , 18 December 2024
Home Forex EIA weekly US oil inventories -934K vs -1635K expected
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EIA weekly US oil inventories -934K vs -1635K expected

  • Gasoline +2348K vs +2060K exp
  • Distillates -3180K vs +661K exp
  • Refinery utilization -0.6% vs -0.2% exp

Private oil data released late yesterday:

  • Crude -4700K
  • Gasoline +2400K
  • Distillates +700K

Ahead of the data, WTI crude oil was up 82-cents to $70.90, having erased all of the decline on Tuesday. Crude increased further since the data.

This article was written by Adam Button at www.forexlive.com.

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