Private oil survey data shows build in headline crude inventory

  • the expectation for the headline was for a draw
  • The inventory data from the private survey is out now, official data follows Wed. morning (US time)

NUmbers via Twitter:

twitter oil 20 January 2022

Expectations I had seen for the survey results:

  • Headline -0.9m barrels
  • gasoline +2.6m
  • distillate -0.9m

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