more to come
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Expectations I had seen centred on:
- Headline crude +0.5 mn barrels
- Distillates +2.1 mn bbls
- Gasoline +3.2 mn
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This data point is from a privately-conducted survey by the American Petroleum Institute (API).
- It’s a survey of oil storage facilities and companies
- The official report is due Wednesday morning US time. I think we can all agree now that there has been something for everyone ..
Oil: Private survey of inventory shows a headline crude oil draw vs. build expected