Oil: Private survey of inventory shows a headline crude oil draw smaller than expected

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Headline draw smaller than expected, distillates draw vs. build expected, gasoline draw greater than expected

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Expectations I had seen centred on:

  • Headline crude -1.5 mn barrels
  • Distillates +1 mn bbls
  • Gasoline -1.55 mn

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Oil back in the news after an all too brief respite:

This article was written by Eamonn Sheridan at investinglive.com.

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