Free Trial

EIA Inventories a Larger Build Than Forecast

US DATA

Headline DoE inventories a larger build than forecast at +2.0mln bbls vs. Exp. Draw of 1.5mln bbls

  • Distillates also a larger build: +725k bbls vs. Exp. +168k
  • Gasoline counters slightly with a draw of 710k vs. Exp. Build of 168k
  • Refinery utilization dips by 0.50% while the SPR sheds 7.7mln bbls to 512mln bbls.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.