EIA inventory report - Crude inventory falls unexpectedly
Mar. 02, 2022 10:30 AM ETUCO, USO, DBO, USL, SCO, BNO, CL1:COMBy: Gaurav Batavia, SA News Editor49 Comments
- Energy Information Administration Petroleum Inventories Crude -2.6M barrels vs. +2.748M consensus, +4.5M last week.
- EIA Gasoline -0.5M vs. -1.375M consensus, -0.6M last week.
- EIA Distillates -0.6M vs. -1.726M consensus, -0.6M last week.
- Futures (CL1:COM +4.7%)
- ETFs: USO, UCO, SCO, BNO, DBO, USL.
- Recently, Oil tops $113 as OPEC+ remains unwilling or unable to deviate from plans.