API Weekly Data Shows A "Surprise" Build In US Crude Oil -- February 26, 2019 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title API Weekly Data Shows A "Surprise" Build In US Crude Oil -- February 26, 2019, 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 : API Weekly Data Shows A "Surprise" Build In US Crude Oil -- February 26, 2019
link : API Weekly Data Shows A "Surprise" Build In US Crude Oil -- February 26, 2019

API Weekly Data Shows A "Surprise" Build In US Crude Oil -- February 26, 2019

WTI: recovers. I guess everyone has already forgotten President Trump's tweet of less than 24 hours ago. No, just joking -- it was the weekly API data.

API weekly data: link here. "Surprise" crude oil draw sends oil prices higher. "Surprised" again. I'm shocked. Shocked. Here are the numbers:

• consensus: a build of 2.82 million bbls
• actual: in fact, a draw of 4.2 million bbls

Folks, that's a swing of 7.02 million bbls. That's like the golfer leading the tournament playing 3 over and #2 playing 4 under for the day -- a swing of seven strokes. Not trivial. We'll see what the EIA data tomorrow shows.

 **********************************

Back to the Bakken 

Active rigs:

$55.99	2/26/2019	02/26/2018	02/26/2017	02/26/2016	02/26/2015
Active Rigs	66	57	40	38	121

Two new permits:

• Operators: Bruin, Lime Rock Resources
• Fields: Tyrone (Williams): Cabernet
• Comments: 
• • Bruin has a permit for a Borrud well in lot 3, section 1-156-101, Tyrone oil field;
  • Lime Rock has a permit for a State well in section 25-144-97, Cabernet oil field;

permits canceled: pending
permits renewed: pending
producing wells (DUCs) reported as completed: pending

https://ift.tt/2dZyQXu

Thus Article API Weekly Data Shows A "Surprise" Build In US Crude Oil -- February 26, 2019

That's an article API Weekly Data Shows A "Surprise" Build In US Crude Oil -- February 26, 2019 This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article API Weekly Data Shows A "Surprise" Build In US Crude Oil -- February 26, 2019 with the link address https://mylivemyidea.blogspot.com/2019/02/api-weekly-data-shows-surprise-build-in.html

Tweet

Subscribe to receive free email updates: