Oil - private survey of inventory shows headline crude oil draw ...Middle East

Via oilprice.com reporter in Twitter:--Expectations I had seen centred on:Headline crude 0 mn barrels (ie no change, which seems peculiar, and do note there are other surveys of expectations)Distillates -0.1 mn bblsGasoline -1.4 mn---This data point is from a privately-conducted survey by the American Petroleum Institute (API).It's a survey of oil storage facilities and companiesThe official report is due Wednesday morning US time.The two reports are quite different.The official government data comes from the US Energy Information Administration (EIA)Its based on data from the Department of Energy and other government agenciesWhereas information on total crude oil storage levels and variatio

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Oil - private survey of inventory shows headline crude oil draw ...Middle East

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