Private oil survey data shows draw in crude oil inventory

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

Numbers via Twitter:

oil api 12 January 2022

Expectations I had seen centred on:

  • Crude -1.9m barrels
  • Gasoline +2.4m
  • Distillate +1.8m

Best in 2026

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