API Reports Draw

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Cliff_N
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Location: Seabrook, TX
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API Reports Draw

Post by Cliff_N »

Sorry! Posted the forecast:

Forecast
-2.967M
Previous
1.837M

Here is the actual as noted in the reply:
Actual
-7.418M
Forecast
-2.967M
Previous
1.837M
Last edited by Cliff_N on Thu Jan 04, 2024 9:46 am, edited 1 time in total.
dan_s
Posts: 37304
Joined: Fri Apr 23, 2010 8:22 am

Re: API Reports Draw

Post by dan_s »

API report

Total crude inventories declined by 7,418,000 barrels, crude inventories at Cushing increased by 765,000 barrels. < This might just APA's way of correcting what looked like an error last week.

Gasoline inventories up 6,913,000 barrels and Distillates up 6,686,000 barrels. < Refined product inventories reported during the holidays are often "strange". Filling station inventories may have declined by more than this during the week ending December 29th.
Dan Steffens
Energy Prospectus Group
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