US EIA oil inventory data week ending 29 June 2018

  • Prior -9.891m
  • OPD expectations -4.500m
  • Cushing -2.113m vs -2.713m prior
  • Gasoline -1.505m vs -0.750m exp. Prior 1.156m.
  • Distillates 0.134m vs -0.685m exp. Prior 0.015m
  • Production 10.90m vs 10.90m prior

WTI drops to lows of the day at 72.99 after the surprise build.

Ryan Littlestone

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