US EIA oil inventory data week ending 20 April 2018

  • Prior -1.071m
  • Overnight private data 1.099m
  • Cushing 0.459m vs -1.115m prior. OPD -0.930m
  • Gasoline 0.840m vs -2.000m exp. Prior -2.968m. OPD -2.724m
  • Distillates -2.611m vs -1.500m exp. Prior -3.107m. OPD -1.911m
  • Production 10.586m vs 10.540m prior

WTI took a 30 odd tick spill to 67.27 on the build. The market would have been leaning more that way after the OPD data but it was way out in the others.

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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