Weekly crude oil inventories for the current week fall -2.313 million vs -3.291M estimate
The weekly crude oil inventory data is showing
- Crude oil -2.313M versus estimate of -3.291 million
- Gasoline -2.504M versus estimate of -2.107 million
- Distillates -1.294M versus estimate of -2.352 million
The private data last night showed larger drawdowns:
Crude oil is currently trading at $95. The price was trading at $95.20 just before the report.
This article was written by Greg Michalowski at investinglive.com.