Wednesday, February 21, 2018 -- API Reports A Million-Bbl Draw In Weekly US Crude Oil Inventories - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Wednesday, February 21, 2018 -- API Reports A Million-Bbl Draw In Weekly US Crude Oil Inventories, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Wednesday, February 21, 2018 -- API Reports A Million-Bbl Draw In Weekly US Crude Oil Inventories
link : Wednesday, February 21, 2018 -- API Reports A Million-Bbl Draw In Weekly US Crude Oil Inventories

Wednesday, February 21, 2018 -- API Reports A Million-Bbl Draw In Weekly US Crude Oil Inventories

Re-posting the data. My earlier post was in error regarding the API forecast. It's been corrected. 

Because of the holiday on Monday, the API data was released today. API forecast a 1.300-million-bbl build. The actual number: interesting -- not a build at all, but a decrease - API has the weekly crude oil inventory number dropping 0.907 million; in other words, down about a million bbls.

WTI: $61.10 just as the API number hit the internet, 4:30 ET. Five minutes later, $61.12 -- in other words, no impact.

The EIA weekly petroleum report that usually comes out Wednesday will be delayed a day, to be released Thursday.

I use the EIA data, not API data, for calculating "re-balancing" time frame.

http://ift.tt/2dZyQXu

Thus Article Wednesday, February 21, 2018 -- API Reports A Million-Bbl Draw In Weekly US Crude Oil Inventories

That's an article Wednesday, February 21, 2018 -- API Reports A Million-Bbl Draw In Weekly US Crude Oil Inventories This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Wednesday, February 21, 2018 -- API Reports A Million-Bbl Draw In Weekly US Crude Oil Inventories with the link address https://mylivemyidea.blogspot.com/2018/02/wednesday-february-21-2018-api-reports.html

Tweet

Subscribe to receive free email updates: