US weekly oil inventory data w/e 19 October 2018

  • Prior 6.346m
  • OPD 5.69m
  • Cushing 1.878m vs 1.371m prior. OPD 1.4m
  • Gasoline -3.161m vs -2.250m exp. Prior -4.826. OPD -3.5m
  • Distillates -4.054m vs -1.550m exp. Prior -2.262m. OPD -3.1m
  • Production 11.2m vs 10.9m prior

Oil in a bit of a yoyo, $66.10 writing this. Cad unaffected if we’d look for a correlation.

K-man
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