Oil soars ahead of weekly US inventory data
Read full post at forexlive.com
WTI crude up $2.15 to $72.60
Expectations:
- Crude -3544K
- Distillates -1612K
- Gasoline -1957K
Yesterday’s private data from the API:
- Crude -5437K
- Gasoline -2716K
- Distillates -2888K
- Cushing -1345K
Regressions show API and EIA should be close this week.