 |
Louisiana Light • 2 days | 81.18 | +0.12 | +0.15% | ||
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% | ||
|
Mars US • 266 days | 75.97 | -1.40 | -1.81% | ||
|
Gasoline • 8 hours | 2.461 | -0.007 | -0.29% |
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 29 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% |
|
Peace Sour • 15 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 15 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 15 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 15 hours | 72.28 | +0.69 | +0.96% |
|
Eagle Ford • 3 days | 74.07 | +0.63 | +0.86% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +2.00 | +2.74% | ||
|
Kansas Common • 3 days | 67.75 | +0.50 | +0.74% | ||
|
Buena Vista • 4 days | 83.27 | -2.82 | -3.28% |
Breaking News:
Oil Moves Higher on Crude, Fuel Inventory Draw
Crude oil prices ticked higher…
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The outcome of the presidential…
Oil Spikes After Biggest Inventory Draw In 13 Months
After six straight weeks of drawdowns and against expectations of a 2.5mm barrel build, API reported a massive 6.736mm barrel drawdown - the biggest since June 2015. Distillates and Gasoline also saw major draws. The result - unsurprisingly - is a surge in crude, extending the day's gains, even though Cushing saw a modest 80k build.
API
o Crude -6.736mm (-2.5mm exp)
o Cushing +80k
o Gasoline -3.603mm
o Distillates -2.305mm
This is the biggest drawdown since June 2015 and 2nd biggest since July 2014...
(Click to enlarge)
Of course this is largely expected from a seasonal perspective...
And as a result, crude is spiking...
By Zero Hedge
More Top Reads From Oilprice.com:
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ZeroHedge
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