October 02, 2024 at 03:30PM
Crude oil inventories +3889K vs -1250K exp
Gasoline inventories +1119K vs +450K exp
Distillates inventories -1284K vs -1400K exp
Refinery 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.
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