Post Tagged with: "crude cuttings"

Crude Oil Storage Rises, WTI Price Sinks

Crude Oil Storage Rises, WTI Price Sinks

July 27, 2016

CRUDE OIL INVENTORY/000 BBLS

Week Ended 7/22/2016

Current Inventory:                          521,133

Actual Build/(Draw):                       1,671

Economist Average Estimate:     (2,020)

Previous Inventory:                        519,462

 

Crude oil storage increased for the first time after nine weeks of storage draws. Economist’s estimates …