Crude oil inventories show a build of 8991K vs 11900K estimate
Department of Energy crude oil inventory data for the week of April 24
– crude oil build of 8991K versus estimate of 11900K
– gasoline -3669K vs estimate of plus 2492K
The gasoline implied demand plunged over the last few weeks but saw a modest rebound. The price of crude oil has obviously been impacted by the Saudi/Russian price for
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