-
API: Crude -3,454, Cushing -2,803, Gasoline -403, Distillate +1,806
#API #OOTT
— Ben Nicholas (@bnikdude) August 20, 2019
Crude -3,454
Cushing -2,803
Gasoline -403
Distillate +1,806
-
#OOTT
— Hap (@hap317) August 20, 2019
API ENERGY INVENTORIES (16th August):
Crude -3.5mln (exp. -1.9mln, prev. +3.7mln)
Cushing: -2.8mln (exp. -1.68mln, prev. -2.2mln)
Gasoline: -0.4mln (exp. +0.2mln, prev. +3.7mln)
Distillate: +1.8mln (exp. +0.3mln, prev. -1.3mln)
-
WTI Hovers At $56 As Algos Unimpressed By Bigger-Than-Expected Crude Draw
Oil prices dumped and pumped after US SecState Pompeo raised more uncertainty about MidEast and China during an interview with CNBC this morning. WTI did recover back to $56 by the NYMEX close ahead of the inventory data. “The weakening global economic backdrop continues to control the narrative across equities and other asset classes and the oil market is certainly not being spared,” said Michael Tran, commodity strategist at RBC Capital Markets. API • Crude -3.454mm (-1.8mm exp) • Cushing -2.803mm - biggest draw since Feb 2018 • Gasoline -403k • Distillates +1.806mm image After two weekly builds, API ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Aug 20, 2019 4:39pm Aug 20, 2019 4:39pm
- EventsTrader
- Joined May 2019 | Status: iTrade | 202 Comments
- Comment #2
- Quote
- Aug 20, 2019 5:27pm Aug 20, 2019 5:27pm
- nastynatty
- | Joined Aug 2019 | Status: Member | 44 Comments