IBB
297.64
+1.12
+0.38%
 
AAPL
143.65
-0.14
-0.10%
 
TVIX
30.91
-9.97
-24.39%
 
XIV
75.09
0.00
0.00%
 
TNA
108.69
-4.4
-3.89%
 
TZA
17.27
+0.64
+3.85%
 
UVXY
14.18
-0.02
-0.14%
 
NASDAQ
6047.61
-1.33
-0.02%
 
S&P500
2384.2
-4.57
-0.19%
 
NYSE
11536.08
-42.44
-0.37%
 
IBB
297.64
+1.12
+0.38%
 
AAPL
143.65
-0.14
-0.10%
 
TVIX
30.91
-9.97
-24.39%
 
XIV
75.09
0.00
0.00%
 
TNA
108.69
-4.4
-3.89%
 
TZA
17.27
+0.64
+3.85%
 
UVXY
14.18
-0.02
-0.14%
 
NASDAQ
6047.61
-1.33
-0.02%
 
S&P500
2384.2
-4.57
-0.19%
 
NYSE
11536.08
-42.44
-0.37%
 

API REPORT: Gasoline Builds, WTI Dumps

Initial Reports for ForexLive

OIL – private inventory data shows smaller than expected draw

Official data due Wednesday morning from the US, in the meantime this is from a private survey

  • The Reuters poll of analysts had the expected for crude inventories falling around 1.5 million barrels last week
  • This private survey shows a draw smaller than expected in the headline crude inventory

EnergyBasis@EnergyBasis: EIA #WPSR Estimates (in mbbls) for Week Ending April 14, 201

EnergyBasis@EnergyBasis: Crude #WPSR Estimates (in mbbls) for Week Ending April 14, 2017

EnergyBasis@EnergyBasis: Historical #EIA #WPSR Stock Changes for Week End April 14 #OOTT

Exert from Zerohedge.com 

Despite last week’s unexpected crude draw (and product draws) WTI/RBOB has faded since (even with a lower dollar) as OPEC production cut questions trump inventories for now. However, prices tumbled immediately after API report a smaller than expected draw in crude (-840k) and gasoline (-1.8mm) and a notable build at Cushing (which will be a new record if DOE data confirms).

Monthly/weekly WTI

Daily/300min