Tuesday, June 18, 2019

API Weekly Crude Oil Inventories: A Draw Of Less Than One Million Bbls -- June 18, 2019

API:
  • forecast: a moderate draw of 2.033 million bbls
  • actual: a draw of only 812,000 bbls
  • in the big scheme of things: no change
  • false precision: forecast and actual measure to the near thousand bbls
  • validation: tomorrow with the EIA data
  • WTI: closes over $54 -- closing at $54.08
Link here.

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