oil inventory gasoline distillate stocks

Via telegram sources: Crude prices advanced steadily through Tuesday’s session as tensions between the United States and Iran showed little sign of easing, though the market’s attention is already shifting toward Trump’s planned visit to China on Wednesday. Middle East developments continued to generate headlines, with an Iranian parliamentary spokesperson raising the possibility of uranium…

Via oilprice.com — Expectations I had seen centred on: Headline crude +0.5 mn barrels Distillates +2.1 mn bbls Gasoline +3.2 mn — This data point is from a privately-conducted survey by the American Petroleum Institute (API). It’s a survey of oil storage facilities and companies The official report is due Wednesday morning US time. Shut…

more to come — Expectations I had seen centred on: Headline crude -1.6mn barrels Distillates -1.1mn bbls Gasoline -0.9 mn This data point is from a privately-conducted survey by the American Petroleum Institute (API). It’s a survey of oil storage facilities and companies The official report is due Wednesday morning US time. The two reports…