US crude oil inventories will be released at the bottom of the hour

Author: Greg Michalowski | Category: News

Private data released near the close yesterday showed a surprise draw of -3720K

The weekly crude oil inventories will be released at the bottom of the hour.

The expectations are for:
  • crude oil inventories, drawdown of -1500K vs a build of 1572K last week
  • gas inventories build of 1750K versus a build of 5132K last week
  • distillates build of 250K versus a build last week of 725K
  • Cushing OK crude showed a draw of minus 97K last week
The private will inventory data released late yesterday showed a surprise drawdown of minus 3720K in crude oil inventories. Below are the numbers from that private data:

Private data released near the close yesterday showed a surprise draw of -3720K
WTI crude oil is currently trading at $58.19, up $2.10 or 3.73%
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