The U.S. Energy Information Administration said U.S. crude oil stocks fell by 1.925 million barrels last week. Analysts had expected U.S. crude stocks to rise by 0.5333 million barrels.
The data came a day after industry group the American Petroleum Institute reported that crude stockpiles fell by 3.7 million barrels last week, compared to expectations for a 3.1 million decline.
Crude Oil Storage Report - Sept 23
Crude Oil Storage Report - Sept 23
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Crude Oil Storage Report - Sept 23
CRUDE OIL INVENTORY/’000 bbls (Week Ended 9/18/15)
Current: 453,969
Actual Build/(Withdrawal): (1,925)
Economist Average Estimate: (1,163)
Previous: 455,894
Go here to see the chart: http://www.oilandgas360.com/analytics/c ... 8-26406629
Current: 453,969
Actual Build/(Withdrawal): (1,925)
Economist Average Estimate: (1,163)
Previous: 455,894
Go here to see the chart: http://www.oilandgas360.com/analytics/c ... 8-26406629
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Crude Oil Storage Report - Sept 23
...and yet oil futures fall.