US weekly oil inventory data w/e 18 January 2018

  • Crude oil inventories 7.970m vs -0.750m exp. Prior -2.683m
  • OPD 6.550m
  • Cushing -0.190m vs -0.743m prior. OPD 0.360m
  • Gasoline 4.050m vs 3.000m exp. Prior 7.503m. OPD 3.640m
  • Distillates -0.617m vs 0.900m exp. Prior 2.967m. OPD 2.570m
  • Production 11.9m vs 11.9m prior

Close enough to the overnight data not to cause a stir. WTI dips a few ticks.

 

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

Pin It on Pinterest