Crude inventory rises by 3.9M barrels for week ended Sept 5 – EIA

[oil pumps on sunset]
ssuaphoto/iStock via Getty Images

* Commercial crude stocks for the week ended September 5: 424.6M barrels.
* Crude inventory change: 3.9M BARRELS vs. +2.4M BARRELS for the week ended August 29.
* Consensus estimate: -1.900M.
* Gasoline inventory change: 1.5M BARRELS vs. -3.8M BARRELS For the week ended August 29.
* Consensus estimate: -0.100M.
* Distillates inventory change: 4.7M BARRELS vs. +1.7M BARRELS for the week ended August 29.
* Consensus estimate: 0.200M.
* SPR: +0.5M vs +0.5M for the week ended August 29.
* Crude oil futures (CL1:COM [https://seekingalpha.com/symbol/CL1:COM]) +0.8% to $63.15/bbl.
* ETFs: (USO [https://seekingalpha.com/symbol/USO]), (UCO [https://seekingalpha.com/symbol/UCO]), (SCO [https://seekingalpha.com/symbol/SCO]), (BNO [https://seekingalpha.com/symbol/BNO]), (DBO [https://seekingalpha.com/symbol/DBO]), (USL [https://seekingalpha.com/symbol/USL]).

MORE ON CRUDE OIL FUTURES

* Oil Markets: Bracing For A Surplus [https://seekingalpha.com/article/4820832-oil-markets-bracing-surplus]
* Commodities: Gold Hits Another Record High [https://seekingalpha.com/article/4820815-commodities-gold-hits-another-record-high]
* Commodities: Oil Gains On Uncertainty Around Russian Oil [https://seekingalpha.com/article/4820420-commodities-oil-gains-uncertainty-around-russian-oil]
* Crude inventory rises by 3.9M barrels for week ended Sept 5 – EIA [https://seekingalpha.com/news/4493710-crude-inventory-rises-by-39m-barrels-for-week-ended-sept-5-eia]
* Oil prices edge higher amid geopolitical tensions; oversupply concerns limit gains [https://seekingalpha.com/news/4493707-oil-prices-edge-higher-amid-geopolitical-tensions-oversupply-concerns-limit-gains]