The EIA reported a withdrawal of 6,234 MBbls in U.S. crude-oil inventories. In contrast, the market expected a draw of -2,005 MBbls as reported by Bloomberg. Inventories for the U.S. are now at a surplus of 19.1 MMBbls (4.3%) to last year, and a deficit of 10.8 MMBbls (-2.3%) to the five-year average.
Want this in your inbox?
AEGIS market analysts publish research across crude, natural gas, NGLs, refined products, metals, and rates.
Subscribe to researchWe use a few essential cookies to make our site work, including one that counts how many reports you have opened. Analytics cookies are used only with your permission, and you can change your mind at any time. Learn more about cookies in our privacy policy.