US weekly oil inventory data w/e 6 September 2018
- Prior -4.302m
- OPD -8.636m
- Cushing -1.242m vs 0.549m prior. OPD -1.165m
- Gasoline 1.250m vs 1.321m exp. Prior 1.845m. OPD 2.122m
- Distillates 6.163m vs 1.446m exp. Prior 3.119m. OPD 5.821m
- Production 10.9m vs 11.0m prior
Not quite as high as last night’s OPD draw but hefty nonetheless. WTI has wobbled within 70-70.30
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