WTI/RBOB Stumble After Mixed Inventory Data, 16th Straight Week Of Increased Crude Production
zerohedge.com / by Tyler Durden / May 24, 2017 10:40 AM
WTI/RBOB prices were relatively unchanged from last night’s API inventory print (despite some volatility from OEPC headlines) ahead of the DOE print, but that did not last long as Crude saw a much bigger than expected draw (-4.43mm vs -2mm exp) and gasoline a considerably smaller draw than API (-787k vs -3.18mm API) and the same with distillates. Lower 48 crude production rose for the 16th straight week and seemed to take the shine off the inventory data – sending WTI/RBOB prices lower.
API
- Crude -1.5mm (-2mm exp)
- Cushing -210k
- Gasoline -3.15mm (-1.08mm exp)
- Distillates -1.85mm
The post WTI/RBOB Stumble After Mixed Inventory Data, 16th Straight Week Of Increased Crude Production appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/05/24/wtirbob-stumble-after-mixed-inventory-data-16th-straight-week-of-increased-crude-production/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).