Oil - private inventory data shows surprise build

Author: Eamonn Sheridan | Category: News

Survey is released privately at 4.30pm ET

  • The Reuters survey had a consensus expected for a crude inventory draw of 0.5mln barrels.
  • Initial reports have shown a 'surprise build' in stocks    (sources put it at +4.46mln barrels, that is unconfirmed chatter on social media)  
Oil prices giving back some of their earlier gains      
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