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EIA US weekly oil inventories +2147k vs +3500k exp
EIA US weekly oil inventory data report week ending 12 February 2016 • Prior -754k • Last night's API inventories -3300k • Cushing +36k vs +500k exp. Prior 523k • Gasoline +3036k vs +400k exp. Prior +1258k • Distillate +1399k vs -1500k exp. Prior +1281k WTI loses around 65 cents after the data. We trade at 31.29 from 30.90 And that's the problem with all this inventory data. Two reports with differing outcomes. In the time it's taken me to grab a chart we're back under 31 to 30.74
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