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Weekly US Oil Stocks + 6088K vs + 702K Expected


Weekly US Oil Inventory Data

  • Before was + 2346K
  • Gasoline -1958K vs -83K expected
  • Distillates -24K vs -933K expected

I wouldn’t put too much importance in those “consensus” numbers after yesterday’s API data late:

  • Gross + 5213K
  • Gasoline -4575K
  • Distillates -2707K
  • Cushing -2275K

WTI Crude Oil Chart:

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