RE:API inventorys: tiny build 180 k Useless, fake data. We had big draws for the last few weeks, and all we had was, attacks on oil prices and now we have it crashed to $72 with all of those draws..
The world is burning over 100 million barrels per day, that build is just for 3 minutes.
swale13 wrote: increased by about 180,000 barrels for the week ended Aug. 2, compared with a draw of 4.5M barrels reported by the API for the previous week. Economists were expecting a increase of 850,000 barrels.
Gasoline plus 3.31M barrels
Distillate plus 1.22M barrels
The build in product inventories comes as the peak summer demand nears the end,
with refiners usually slowing down for maintenance in the fall