Private oil survey data shows a huge draw in headline crude oil inventory

  • The inventory data from the private survey is out now, official data follows Wed. morning (US time)

The numbers via Zero Hedge blog:

oil inventory 02 March 2022

Expectations I had seen centred on:

  • Crude +2.7mn barrels
  • Gasoline -1.4mn
  • Distillate -1.7mn bbls

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