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Oil - private survey of inventory shows a large draw vs. the small build expected

Oil - private survey of inventory shows a large draw vs. the small build expected

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Eamonn Sheridan
01/11/2022 | 20:44 GMT

This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.

Numbers via Muskwitter:

oil inventory 02 November 2022
  • Expectations I had seen centred on:

    Headline crude +0.4 mn barrels
    Distillates -0.6 mn
    Gasoline -1.4 mn

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