Comment by
1234bmth on Apr 25, 2023 5:10pm
Gasoline draw 1.9 Mb distillate 1.7Mb build and Cushing, Oklahoma up 465kb.
Comment by
ceenalot on Apr 25, 2023 6:54pm
Another big draw ! I would not want to be short ...many weeks of consecutive draws ahead plus you have price support by OPEC plus ...they might even announce another surprise cut on the weekend to purposely hurt the shorts ...too funny ! LMAO
Comment by
deepblue on Apr 25, 2023 7:18pm
Yeah I bet shorters won't sleep tonight. Bte to $12 lmao!!!
Comment by
red2000 on Apr 25, 2023 7:26pm
API data 04/25/2023 Crude -6.083 million (-1.667 million exp.) !!! Gasoline -1.919 million Distillate +1.693 million Cushing +465,000 SPR release 1.1 million Without SPR it's 7,1 M draw !!!!
Comment by
Swackaboozy on Apr 25, 2023 9:56pm
If EIA data backs this up tommorow should be bullish for oil
Comment by
TheWokeLemming on Apr 26, 2023 9:19am
Is anything bullish for oil anymore? It's been almost a full year of manipulation. Overnight traders dragged it down again especially in the last 4 hours.
Comment by
Quickdraw123 on Apr 26, 2023 9:26am
Not until the miracle/fake 60 million barrel build that happened in Jan/Feb is gone, down to approx 38 left on the magic paper, let's say 5-6 weeks.
Comment by
Chrisinvan7 on Apr 26, 2023 12:14pm
I expect US commercial inventories to break below 300M by mid August.