US weekly oil inventory data w/e 12 October 2018

  • Prior 5.987m
  • OPD -2.1m
  • Cushing 1.776m vs 2.359m prior. OPD 1.5m
  • Gasoline -2.016m vs 1.000m exp, Prior 0.951m. OPD -3.4m
  • Distillates -0.827m vs -1.400m exp. Prior -2.666m. OPD -0.246m
  • Productions 10.9m vs 11.2m prior

Bigger build sees WTI drop to 70.19. Production a sizeable drop too.

Ryan Littlestone

Pin It on Pinterest