US EIA weekly oil inventory data week ending 9 February 2018

  • Prior 1.895m
  • OPD 3.947m
  • Cushing -3.642m vs -0.711m prior. OPD -2.319m
  • Gasoline 3.599m vs 1.800m exp. Prior 3.414m. OPD 4.634m
  • Distillates -0.459m vs 0m exp. Prior 3.926m. OPD 1.100m
  • Production 10.271m vs 10.251m prior

The market was looking for more of a build and didn;t get it. WTI jumped to 59.42 from 58.60. And for a change, production rose. Buy oil #sarcasm.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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