Around The Barrel – Oil and Gasoline Outlook for the Week Ahead

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  • 27 Feb '23 at 1:03 pm #53994
    TradersCom
    Keymaster

    Reuters consensus on this weeks EIA report
    Oil +0.4 mm barrels
    Gasoline +0.7 mm barrels
    Distillates -0.5 mm barrels

    03 Mar '23 at 9:01 am #54258
    TradersCom
    Keymaster

    Oil futures bounce back after report denying UAE mulling leaving OPEC.

    Reuters: ‘far from the truth’ cites ‘a source with direct knowledge of the matter’.

    WTI $CL_F fell $2 ($78 to $76) on initial report – now $77.55 on the denial report

    03 Mar '23 at 2:09 pm #53877
    TradersCom
    Keymaster

    Last week US crude oil inventories grew +1,166Mbbls EIA reported, with a record adjustment of 2266Mbbls. For the past 8 weeks US crude stockpiles have
    [See the full post at: Around The Barrel – Oil and Gasoline Outlook for the Week Ahead]

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