CRUDE OIL INVENTORY/’000 bbls (Week Ended 1/2/15)

Current: 382,393
Actual Build/(Withdrawal): (3,062)
Economist Average Estimate: 911
Previous: 385,455

Click here for the chart with five year averages.

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ANALYST COMMENTARY

CIBC World Markets

Crude Draw Overshadowed by Massive Product Build

Today’s EIA oil inventory report was headlined by a massively bearish 8 mb increase in gasoline and 11.2 mb surge in distillate stocks, which over shadowed the 3 mb draw i...


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