Weekly oil inventory data will be released at the bottom of the hour


The weekly EIA inventory data will be released at the bottom of the hour (for the week of October 14, 2022). Expectations are for:

  • crude oil a build of 1.380M
  • gasoline a drawdown of -1.114M
  • distillates a drawdown of -2.167M

The private data released late yesterday showed:

WTI crude for November is trading at $84.31 that’s up 1.8% on the day.



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