US Private Inventory Data (bbls): Crude -0.399mln (exp. -1.5mln), Distillates -1.801mln (exp. +1mln), Gasoline -2.929mln (exp. -1.55mln), Cushing -0.069mln
Newsquawk Staff ·
US Private Inventory Data (bbls): Crude -0.399mln (exp. -1.5mln), Distillates -1.801mln (exp. +1mln), Gasoline -2.929mln (exp. -1.55mln), Cushing -0.069mln.
- EIA Expectations: Crude -1.24M, Distillate -1.33M, Gasoline -0.33M
- Weatherford (WFRD) expects Middle East activity to remain near current levels, with no recovery factored into its near-term outlook
- US President Trump posts "the U.K. has started drilling in the North Sea, one of the greatest and most prosperous areas of OIL in the World. They should go FULL BLAST!"
- US President Trump's administration is reportedly to evaluate whether additional loans from the heating oil reserve should occur, sources reports; Energy Department to loan as much as one third of the 1mln barrel northeast heating oil reserve
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