US EIA weekly oil inventories w/e 2 March 2018

  • Prior 3.019m
  • Overnight private data 5.661m
  • Gasoline -0.788m vs -1.201m exp. Prior 2.483,
  • Distillates -0.599m vs -1.200m exp. PRior -0.960m
  • Production 10.369m vs 10.283m prior 

WTI has taken a 50 pip odd jump to 62.33 as the market was leaning towards a bigger build following the private data. The oil keeps pumping though.

Ryan Littlestone

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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