Crude Falls Over $3 On Inventory Build
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Crude is down $3.25 to $45.34 per barrel on NYMEX following inventory data from the U.S. Department of Energy which showed a bigger-than-expected build in crude and gasoline inventories.
-Crude inventories rose 6.68 million barrels, versus the consensus of an 800K build
-Gas inventories rose 3.334 million barrels, versus the consensus of a 1M build
- Distillate inventories rose 1.79M barrels, versus the consensus of a 1.1M build.
-Crude inventories rose 6.68 million barrels, versus the consensus of an 800K build
-Gas inventories rose 3.334 million barrels, versus the consensus of a 1M build
- Distillate inventories rose 1.79M barrels, versus the consensus of a 1.1M build.
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