Oil - private survey of inventory shows larger than expected headline build

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

Via Twitter45:

api oil 26 October 2022

Expectations I had seen centred on:

  • Headline crude +1.0 mn barrels
  • Distillates -1.1 mn
  • Gasoline -0.8 mn

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