Private survey data shows a surprise large build in headline crude oil inventory
This inventory report is released to subscribers and hit's media in the moments following.
- Official US govmt survey data is due tomorrow morning US time.
- Both are a day alter than usual due to the US holiday on Monday (May 25).
Oil price dipping on the data release to a fresh low ion the session. A draw was expected, for the 3rd week in a row. Nope.
Zero Hedge with the numbers: