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Aksjetips

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Surprise Crude Draw Lifts Hope For Oil Market | OilPrice.com

The American Petroleum Institute (API) reported a small draw of 907,000 barrels of United States crude oil inventories for the week ending February 16, according to the API data. Analysts had expected a small build of 1.333 million barrels in crude oil inventories, instead.

This week’s data is more optimistic, with the API reporting not only a surprise draw for crude oil, but a modest gasoline build of 1.468 million barrels, which was largely in line with analyst forecasts that had the build pegged at a 1.229-million-barrel build.
 

Aksjetips

Administrator
EIA Stuns Oil Market With Huge Inventory Build | OilPrice.com

After plunging oil bulls into deeper gloom by forecasting a 131,000-bpd jump in shale oil production next month, the Energy Information Administration reported a 5-million-barrel increase in crude oil inventories for the week to March 9—in stark contrast to yesterday’s API figures.

In gasoline, the authority gave market players some respite, saying that inventories had fallen by whopping 6.3 million barrels, after an 800,000-barrel decline a week earlier.

Kommentar: OilPrice nevner ikke destillater, men TDN Direkt rapporterer at lagrene av destillater falt med 4,4 millioner fat.
 
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