Weekly US oil inventory data week ending 1 December 2017

  • Prior -3.429m
  • Overnight private data -5.481m
  • Cushing -2.753m vs -2.914m prior
  • OPD -1.951
  • Gasoline 6.780m vs 2.555m exp. Prior 3.627m
  • OPD 9.196m
  • Distillates 1.667m vs 1.100m exp. Prior 2.747m
  • OPD 4.259m
  • Production 9.707m vs 9.682m prior

Pretty much in line with the private data so no real move in WTI. Look at those production numbers though.

Ryan Littlestone

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