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Crude oil inventories show build of 1.232 million barrels versus -0.671 million estimate

Started by forex4you, Dec 04, 2024, 06:49 am

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Dec 04, 2024, 06:49 am
Crude oil inventories show build of 1.232 million barrels versus -0.671 million estimate

The private weekly oil is within data has been released. Crude oil shown a surprise build of 1.232M barrels.  The EIA data scheduled to be released tomorrow are estimating -0.671M drawdown.

The estimates for the EIA to be released tomorrow at 10:30 AM ET

  • Crude -0.671 million
  • Gasoline +0.639M
  • Distilates +0.940M

Crude oil is trading at $69.88 up $1.79 or 2.62%. The price today settled at $69.94.



                This article was written by Greg Michalowski at www.forexlive.com.

Source: Crude oil inventories show build of 1.232 million barrels versus -0.671 million estimate

forexlive.com
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