Weekly US oil private inventories show draws in oil and gasoline
The expectation is for tomorrow’s official data
Crude prices fell about 20-cents on the headlines but this is a small miss at worst. That might be a hint at how fragile oil bulls are right now given the delta concerns.
Current expectations for the EIA report tomorrow:
- Crude -1055K
- Gasoline -1671K
- Distillates +276K
- Refinery utilization +0.2%
