Crude oil inventories +3889K vs -1250K expGasoline inventories +1119K vs +450K expDistillates inventories -1284K vs -1400K expRefinery utilization -3.3% versus expectations of -0.5%. Previously -1.2%
I wonder if there isn’t some kind of skew here due to hurricane preparations. The private oil data showed a decent draw and a bigger draw in distillates.
This article was written by Adam Button at www.forexlive.com.
Affiliate Disclosure: This site may contain affiliate links to products and services. We may receive a commission for purchases made through these links at no extra cost to you. As an Amazon Associate, we earn from qualifying purchases. Your support helps keep this site running.
For information on how we handle user data and your consumer privacy rights, please refer to our Privacy Policy. This site is operated in compliance with applicable U.S. and California consumer protection laws.
