Thursday , 21 November 2024
Home Forex Weekly crude oil inventories rise 2.735M vs 1.373M build estimate
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Weekly crude oil inventories rise 2.735M vs 1.373M build estimate

  • Crude oil matures 2.735M versus 1.373M estimate
  • Distilates -2.760M versus -0.283M estimate
  • Gasoline -1.154M versus -0.89M estimate
  • Cushing 0.033 million versus last week’s -0.17 million
  • refining utilization -0.2% versus expectations of +0.6%. Last week -0.3%
  • Weekly crude production 13.1 million versus 31 million last week

The price of crude oil is trading at $84.58 at down $0.76 or -0.89%

This article was written by Greg Michalowski at www.forexlive.com.

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