Crude inventory falls by 9.3M barrels for week ended Sept 12 – EIA

Published 1 month ago Positive
Crude inventory falls by 9.3M barrels for week ended Sept 12 – EIA
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* Commercial crude stocks for the week ended September 12: 415.4M BARRELS.
* Crude inventory change: -9.3M BARRELS vs. 3.9M BARRELS for the week ended September 5.
* Consensus estimate: 1.400M.
* Gasoline inventory change: -2.3M BARRELS vs. 1.5M BARRELS For the week ended September 5.
* Consensus estimate: -0.700M.
* Distillates inventory change: 4.0M BARRELS vs. 4.7M BARRELS for the week ended September 5.
* Consensus estimate: 1.100M.
* SPR: 0.5M vs +0.5M for the week ended September 5.
* Crude oil futures (CL1:COM [https://seekingalpha.com/symbol/CL1:COM]) -0.11% at $64.45.
* 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

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* Crude inventory falls by 9.3M barrels for week ended Sept 12 – EIA [https://seekingalpha.com/news/4495707-crude-inventory-falls-by-93m-barrels-for-week-ended-sept-12-eia]
* Oil prices slip despite ongoing supply concerns; eyes on Fed [https://seekingalpha.com/news/4495668-oil-prices-slip-despite-ongoing-supply-concerns-eyes-on-fed]