TSXV:KFG - Post Discussion
Post by
freedom-1970 on Oct 31, 2017 8:45pm
HUGE CRUDE DRAWS !
The American Petroleum Institute (API) reported a huge draw of 5.087 million barrels in United States crude oil inventories, largely in line with an S&P Platts’ survey of analysts that expected inventories would draw down by 1.4 million barrels for the week ending October 27—continuing the extended drawdown in recent weeks.
Gasoline inventories, according to the API, saw a major draw of 7.697 million barrels for the week ending October 27, against an expectation of a much more modest draw of 1.7 million barrels. Other analysts, according to Market Watch, estimated a draw of 2.5 million barrels.
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