US EIA oil inventory data week ending 18 May 2018

  • Prior -1.404m
  • Overnight private data -1.300m
  • Cushing -1.123mm vs 0.053m prior. OPD -822k
  • Gasoline 1.883m vs -1.430m exp. Prior -3.790m. OPD 0.980m
  • Distillates -0.951m vs -1.250m exp. Prior 0.092m. OPD -1.300m
  • Production 10.725m vs 10.723m

Gap down in WTI on the hooooge build. 71.47 the low from 71.95 and empty space between the two.

 

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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