Crude ticks increased

The construct in crude oil inventories wasn’t as a lot as indicated within the API report and that took a number of the promoting strain off of oil.

WTI crude is down 37 cents to $38.02 on the day.

  • Oil +2033Ok vs -3000Ok anticipated
  • Gasoline -2954Ok vs -2800Ok exp
  • Distillates -1675Ok vs -1000Ok exp
  • Refinery utilization -4.9%

The market continues to be working by way of the results of Hurricane Laura.

WTI intraday:

Crude ticks higher

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