Private oil survey data shows larger than expected headline draw in crude oil inventory

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

ICYMI, the private inventory survey, numbers via Zero Hedge:

zh oil api 30 March 2022

Expectations I had seen centred on:

  • Crude -1.0mn bbls
  • Gasoline -1.4mn
  • Distillate -1.6mn

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