Oil: private survey of inventory shows a headline crude oil draw smaller than expected

Via oilprice.com — Expectations I had seen centred on: Headline crude -1.6mn barrels Distillates -1.1mn bbls Gasoline -0.9 mn This data point is from a privately-conducted survey by the American Petroleum Institute (API). It’s a survey of oil storage facilities and companies The official report is due Wednesday morning US time. The two reports are … Read more