Growth Of US Crude Oil Inventories Slumps -- March 16, 2016

Tweeting now: US crude inventories +1.3 million bbl last week, EIAgov says. WSJ-surveyed analysts had estimated +3.3 million bbl.

This is a huge drop in the "growth" of US crude inventories in just the past three weeks. We should see the charts tomorrow.  This was the growth just a few weeks ago, posted March 2, 2016:

U.S. crude inventories jumped by 9.9 million barrels last week, the American Petroleum Institute (API) said on Tuesday, much more than the 3.6-million-barrel increase analysts had forecast.