The Crosshairs Trader Blog

OIL INVENTORY REPORT

oil-on-scale1CRUDE OIL had a build of 1942K.  Consensus was for a build of 1500k.

GASOLINE had a build of 3195K.  Consensus was for a draw of 1500K.

DISTILLATE had a build of 112K.  Concensus was for a build of 1000K.

 

The so-called consensus did pretty good estimating the OIL numbers, but the GASOLINE (!) and DISTILLATES leave something to be desired. Very bearish numbers for gasoline.

 

See HELP WANTED: OIL INVENTORY ANALYST

TRADING IS WAR.  PREPARE YOUR WEAPONS.

There are no comments yet. Be the first and leave a response!

Leave a Reply

You must be logged in to post a comment.