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EIA weekly US oil inventories +1317K vs +3182K expected

ByAdam Button

Mar 16, 2016

Oil supply data from the EIA
– Prior was +3880K
– Gasoline -747K vs -2472K exp
– Distillates -1135K vs -554K exp
Market expectations were around 2100K after the a 1500K build yesterday. This is bullish news for oil.

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By Adam Button

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