This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US. Via Twitter: I had seen a different number elsewhere for the distillates. — Expectations I had seen centred on: Headline crude -0.3mn barrels Distillates -1.5 mn bbls Gasoline -0.8 mn — This data point is
This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US. Numbers via Twitter … not the expectations I had below the screenshot are closer to the result: — Earlier: Goldman Sachs sees Brent crude oil prices to USD100/bbl by June as stocks ‘descend gently’ Expectations
Oil (WTI, Brent) News and Analysis Shell forced to halt unit at Europe’s biggest refinery- exacerbating tight supply EIA storage data reveals continuing trend of crude drawdowns – adding to tailwinds The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library
Crude Oil, WTI, Brent, Saudi Arabia Russia, OPEC+, EIA, API, OVX – Talking Points Crude oil leapt over hurdles overnight as production cuts are pushed further out Inventory data show US demand to be strong and solid ISM number supports a robust outlook If oil prices keep going up and the US economy is strong,
