Crude oil stocks jumped 6.18M barrels this morning – API By Seeking Alpha
- If the EIA confirms something in close proximity to the time tomorrow morning, it is the most significant build in oil stocks since March. Refinery shutdowns on account of Hurricane Harvey no doubt affected the printing. Trade expectations were to get a rise of four years old.91M barrels.
- Oil’s little-changed after hours at $48.34 per barrel.
- ETFs: USO, OIL, UWT, UCO, DWT, SCO, BNO, DBO, UGA, DTO, USL, DNO, OLO, SZO, UHN, OLEM, OILK, WTIU, OILX, WTID, USOI
- Now read: Outlook For Gas Prices After Hurricane Harvey