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08.07.2020 WTI Daily Analysis

Oil stockpiles rose 5.65 million barrels for the week ending July 4, the government agency said Wednesday. Analysts followed by Investing.com had forecast a

Yazar: editor_1

Yayınlanma: 8 Temmuz 2020 19:49

Güncellenme: 24 Nisan 2024 19:38

08.07.2020 WTI Daily Analysis

Oil stockpiles rose 5.65 million barrels for the week ending July 4, the government agency said Wednesday. Analysts followed by Investing.com had forecast a draw of 3.1 million barrels. Inventories fell 7.1 million barrels the previous week. Inventory at the Cushing, Oklahoma, storage facility rose 2.2 million barrels, more than the 1.5 million barrels forecast by analysts. Gasoline inventory fell 4.8 million barrels. The weekly data comes after the American Petroleum Institute estimated a 2 million build last week.
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