EIA Crude Oil Inventories Preview Ahead of Options Expiration

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  • 14 Jul '18 at 5:30 pm #17363
    TradersCom
    Keymaster

    EIA Inventory report showed a huge draw in…

    [article]919[/article]

    18 Jul '18 at 6:53 pm #17423
    TradersCom
    Keymaster

    Giovanni Staunovo @staunovo

    [b]Preliminary Crude Imports by Country of Origin in bpd
    [/b]
    Canada -34k to 3.408m
    Saudi Arabia -83k to 1.027m
    Venezuela -110k to 407k
    Mexico +302k to 893k
    Colombia +387k to 458k
    Iraq +290k to 608k
    Ecuador +344k to 535k
    Nigeria +31k to 51k

    19 Jul '18 at 6:11 pm #17435
    TradersCom
    Keymaster

    Oil turned $2 off lows on these headlines from Saudi OPEC governor Adeeb Al-Aama. saying:

    Bloomberg Headlines

    July oil exports to be roughly equal to June levels
    Talk of oil market oversupply are without basis
    oil exports in August to drop by roughly 100 K B/D
    Won’t push will supply that customers don’t need

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