Oil soars ahead of weekly US inventory data

WTI crude up $2.15 to $72.60

Expectations:

• Crude -3544K
• Distillates -1612K
• Gasoline -1957K

Yesterday's private data from the API:

• Crude -5437K
• Gasoline -2716K
• Distillates -2888K
• Cushing -1345K

Regressions show API and EIA should be close this week.

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September 16, 2021 at 02:24AM
Adam Button
https://ift.tt/3EdobTU