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Home > Crude Slides On Bigger-Than-Expected API Inventory Build (Small Cushing Draw)

Crude Slides On Bigger-Than-Expected API Inventory Build (Small Cushing Draw)

By Tyler Durden
Created 04/28/2015 - 15:37
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 04/28/2015 15:37 -0500



 

Against expectations of a 3.3mm bbl build, API reported a 4.2mm bbl build - the 16th weekly build in a row (and record streak). Cushing saw a small draw of 162k bbls.

[3]

 

WTI Crude fell back below $57...

[4]

 

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-04-28/crude-slides-bigger-expected-api-inventory-build-small-cushing-draw

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10861
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/04-overflow/20150428_API1.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/04-overflow/20150428_API.jpg