December 03, 2024 at 09:45PM
The private weekly oil is within data has been released. Crude oil shown a surprise build of 1.232M barrels. The EIA data scheduled to be released tomorrow are estimating -0.671M drawdown.
The estimates for the EIA to be released tomorrow at 10:30 AM ET
Crude -0.671 million
Gasoline +0.639M
Distilates +0.940M
Crude oil is trading at $69.88 up $1.79 or 2.62%. The price today settled at $69.94.
This article was written by Greg Michalowski at www.forexlive.com.
Crude oil inventories show build of 1.232 million barrels versus -0.671 million estimate