• A build in crude oil inventory vs. expected

Noticias del mercado

19 julio 2022

A build in crude oil inventory vs. expected

Ahead of official government data on Wednesday, the privately surveyed oil stock data has been released:

Crude +1.860M vs. +1.4M barrels expected. 

Gasoline +1.290M vs. +0.1M bbls expected.

Distillate -2.153M vs +1.2M expected. 

Cushing +0.523M.

Meanwhile, WTI crude for August delivery closed up US$1.62 to US$104.22 per barrel a day prior to the contract's expiry. September Brent crude, the global benchmark, was last seen up US$1.12 to US$107.39, while Western Canada Select was up US$1.75 to US$80.47 per barrel.

The bid in oil comes even with supplies from Libya returning to tankers. The country's National Oil Company lifted a force majeure declared when political protests forced the closure of oil fields and infrastructure.

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: