EIA weekly crude oil inventories +8664Ok vs +1962Ok anticipated

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  • Prior was 3464Ok
  • Gasoline +2233Ok vs +525Ok anticipated
  • Distillates -5471Ok vs -1483Ok anticipated
  • Manufacturing 13.478 mbpd

These are bearish numbers for power, even in comparison with the personal numbers from late yesterday. WTI crude oil was down $1.06 to $71.64 forward of the info.

This text was written by Adam Button at www.ubaidahsan.com.



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