EIA weekly US oil inventories +2501K via ForexLive

US energy inventories and production for the week ending Aug 19 - Prior was -2508K - The 'consensus' was -850K but after the +4000K build in API data, the consensus was closer to +2000K The gasoline print might be the most bearish part of a bearish inventory report. The caveat is production which showed a 0.6% decline in week-over-week production.

posted via ForexLive

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