-
WTI Surges after API Reports Huge 12.1 Million Barrel Draw of US Crude Oil Inventories
The latest American Petroleum Institute (API) weekly inventory data recorded a very substantial draw of 12.1mn barrels compared with expectations of a build of around 0.4mn and followed the 0.9mn build seen last week. The data should have an important impact on sentiment, especially with gasoline inventories also declining, although the market will want confirmation from the official data on Thursday. There was a further draw in gasoline stocks of 2.3mn barrels following the draw of 1.6mn seen last week. In contrast, there was a build of 0.9mn barrels for distillates following last week’s 3.0mn build. There was a ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Sep 7, 2016 4:52pm Sep 7, 2016 4:52pm
- Bd888
- | Joined Feb 2015 | Status: Member | 151 Comments
- Comment #2
- Quote
- Sep 7, 2016 5:12pm Sep 7, 2016 5:12pm
- myel51
- | Joined Jun 2013 | Status: Member | 60 Comments
- Comment #3
- Quote
- Sep 7, 2016 5:23pm Sep 7, 2016 5:23pm
- Guest
- | IP X.XX.170.14
- Comment #4
- Quote
- Sep 7, 2016 5:24pm Sep 7, 2016 5:24pm
- Tony112
- Joined Apr 2008 | Status: sometimes... news come unexpected | 2511 Comments
Invest in alarm clocks
- Comment #5
- Quote
- Sep 7, 2016 5:28pm Sep 7, 2016 5:28pm
- Guest
- | IP X.XX.170.14
- Comment #6
- Quote
- Sep 7, 2016 5:55pm Sep 7, 2016 5:55pm
- Fadhl
- Joined Jan 2016 | Status: Member | 150 Comments | Online Now
- Comment #7
- Quote
- Sep 7, 2016 6:03pm Sep 7, 2016 6:03pm
- saruhn
- | Joined Nov 2014 | Status: Team 600 | 138 Comments
- Comment #8
- Quote
- Sep 7, 2016 6:04pm Sep 7, 2016 6:04pm
- Guest
- | IP XXX.X.177.136
- Comment #9
- Quote
- Sep 7, 2016 8:32pm Sep 7, 2016 8:32pm
- feelgoods
- | Joined Jun 2011 | Status: Member | 22 Comments
- Comment #10
- Quote
- Sep 7, 2016 9:00pm Sep 7, 2016 9:00pm
- Guest
- | IP XX.XX.97.177
- Comment #11
- Quote
- Sep 8, 2016 12:27am Sep 8, 2016 12:27am
- Guest
- | IP XX.XXX.96.236
- Comment #12
- Quote
- Sep 13, 2016 12:51pm Sep 13, 2016 12:51pm
- Heinrichfore
- | Joined Jul 2016 | Status: Member | 1 Comment