Private oil survey data shows surprise build in crude oil inventory

All eyes are on the OPEC+ meeting on Thursday.

• Oil - OPEC+ has delayed its meeting to decide on output cuts until Thursday

But, inventory data from the private survey is out now, official data follows Wed. morning (US time).

The headline 'expectation' I had seen was for a draw of around 2.4 million barrels but the survey result has come in at a substantial build instead. The oil price has dropped in response to the data release,

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more to come