Post Profile

WTI/RBOB Extend Losses After Another Big Gasoline Inventory Build

WTI and RBOB have trended lower since last week's inventory data hit and today's API inventory prints (showing a decent crude draw but a relatively large gasoline build - biggest since January compared to DOE data) sparked some more weakness in both oil and gasoline prices. API Crude -4.079mm (-500k exp) Cushing +2.048mm (+1.8mm exp) - biggest build since March Gasoline +4.
read more

See more about: WTI RBOB

Related Posts

WTI/RBOB Sink After Surprise Gasoline Build, Crude Production Hits 20-Month Highs

Business & Finance : Zero Hedge

Following API's surprise gasoline build (and small crude draw), DOE confirmed concerns with a surprise build in gasoline inventories. Crude inventories drew down for the 2nd week in a row. WTI prices slipped though as production ros...

WTI/RBOB Tumble After Unexpected Gasoline Inventory Build, Production Rise

Business & Finance : Zero Hedge

After tumbling last night following API's surprise builds, WTI/RBOB levitated on a weak dollar into the DOE print but initialy kneejerked lower on the data which showed a smaller than expected crude draw and confirmed another signif...

WTI/RBOB Extend Gains After Biggest Gasoline Draw On Record

Business & Finance : Zero Hedge

WTI/RBOB gained on the day after OPEC headlines but with disruptions still looming over much of the refining capacity in the Gulf Coast, today's API data, showing the trend of Gasoline draw (the biggest ever) and Crude build continu...

WTI/RBOB Sink After Big Crude Build, Production Jump Offsets Greatest Gasoline Inventory Draw In History

Business & Finance : Zero Hedge

WTI and RBOB prices are higher this morning following API's reported the biggest gasoline draw in history (compared to EIA data). Of course, disruptions (Florida demand and Texas supply) remain dominant but DOE reports a massive 8.4...

WTI/RBOB Plunge After Inventory Hits Record High, Production Surges

Business & Finance : Zero Hedge

After a sizable build in crude and draw in gasoline overnight from API, WTI and RBOB are lower (legged down on Libya production news). DOE data confirmed the API data with a sizable crude build and gasoline and distillates extending...


Copyright © 2016 Regator, LLC