Oil has lost ground after the private survey of inventory headline build (draw expected)

Expectations centred on:

• headline crude -0.6mn barrels
• gasoline -0.5mn
• distillates +0.3mn

Instead, the headline showed a large build (post is here for the numbers)

Update for oil, lower after the survey results:

(Note, the official data is going to be delayed:

US Energy Information Administration (EIA) says inventory data releases will be delayed

)