Tuesday, July 23, 2019

Huge Crude Oil Inventory Draw -- API; WTI? Flat -- July 23, 2019

Link here.

Talk about click bait.

WTI up 33 cents at the close.

I guess, for some, that's a "spike."

Screenshot from oilprice:


Inventory draw:
  • 10.961 million bbls (note the false precision)
  • expectations: 4.011 million bbls

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