Free Trial

US Crude Oil Stocks Seen Up 0.8m bbl: WSJ

OIL

US crude oil inventories likely rose in the week to April 5, while gasoline and distillate stocks probably fell, according to a survey by the WSJ.

  • Crude stockpiles are estimated to have risen by 0.8m bbl to 452.2m bbl in the week to April 5, according to the average of responses from nine analysts and traders.
  • Estimates ranged from a change of -3m bbl to +3.5m bbl.
  • Gasoline inventories are expected to have fallen by 1.4m bbl, with estimates ranging from -3.6m bbl to +1.1m bbl.
  • Distillate inventories are seen falling by 0.6m bbl, with estimates between -3m bbl to +2.4m bbl.
  • The actual data will be released by the EIA at 10:30am ET on April 10.

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.