Page 1 of 1
API Reports Draw
Posted: Wed Jan 03, 2024 4:37 pm
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
Re: API Reports Draw
Posted: Thu Jan 04, 2024 9:29 am
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.