OIL - private inventory data shows build in US crude inventory

Author: Eamonn Sheridan | Category: News

This is the private survey ahead of official oil stock data (U.S. Department of Energy's Energy Information Administration's (EIA) Crude Oil Inventories)due from the US on Wednesday morning.

There are all sorts of issues surrounding this data this week, centred on the impact of storms Harvey and Irma. I posted a what to expect from Goldman Sachs yesterday: Goldman Sachs on Irma: Negative for oil demand but not on oil production, processing

The ZeroHedgsters with the numbers: