Crude Inventory Drops, Oil (OIL) Reaction Muted
Tweet
Share
E-mail
Crude inventories were rose 2.84 million versus the 2.5 million expected build. The market has shown little reaction to the updated inventory levels and is trading near opening prices.
Gasoline inventories fell 2.01 million barrels, versus the consensus of a 1.2 million draw, while distillate inventories fell 1.9 million barrels.
S&P GSCI Crude Oil Total Return Index (NYSE: OIL) trades at 26.35, down .15, or .58 percent.
Gasoline inventories fell 2.01 million barrels, versus the consensus of a 1.2 million draw, while distillate inventories fell 1.9 million barrels.
S&P GSCI Crude Oil Total Return Index (NYSE: OIL) trades at 26.35, down .15, or .58 percent.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- State Street's SPYM named default ETF for Trump Accounts
- State Street's SPYM named default ETF for Trump Accounts
- Global S&P Futures mixed in premarket
Create E-mail Alert Related Categories
ETFsRelated Entities
Standard & Poor's, Crude OilSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
