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Survey: forecast of low US oil inventories for the second week
09:38 - 20/06/2017
It showed a preliminary Reuters survey, the US crude oil inventories are expected to have fallen for the second consecutive week, while gasoline supplies were recorded little change in the time that is likely to be distillate stocks have risen the last week.
The forecast of seven analysts polled before the publication of the reports of the US stocks Weekly Petroleum Institute and the Energy Information Administration of the US Department of Energy, on average, to be crude inventories fell by 2.2 million barrels in the week ending June 16.
Crude stocks have fallen by 1.7 million barrels in the week ending on the ninth of June, far below the expectations of the rate of decline of 2.7 million barrels, but market has come under pressure from data showing an unexpected increase in gasoline supplies of 2.1 million barrels.
It is expected to publish the American Petroleum Institute data last week at 2030 GMT on Tuesday, while the Energy Information Administration publishes its report on Wednesday.
Analysts had predicted last week that gasoline inventories remain unchanged while the expected rise in distillate stocks, which include heating oil and diesel fuel by 600 thousand barrels, the survey showed. Finished / 25
http://www.almaalomah.com/2017/06/20/168552/
09:38 - 20/06/2017
It showed a preliminary Reuters survey, the US crude oil inventories are expected to have fallen for the second consecutive week, while gasoline supplies were recorded little change in the time that is likely to be distillate stocks have risen the last week.
The forecast of seven analysts polled before the publication of the reports of the US stocks Weekly Petroleum Institute and the Energy Information Administration of the US Department of Energy, on average, to be crude inventories fell by 2.2 million barrels in the week ending June 16.
Crude stocks have fallen by 1.7 million barrels in the week ending on the ninth of June, far below the expectations of the rate of decline of 2.7 million barrels, but market has come under pressure from data showing an unexpected increase in gasoline supplies of 2.1 million barrels.
It is expected to publish the American Petroleum Institute data last week at 2030 GMT on Tuesday, while the Energy Information Administration publishes its report on Wednesday.
Analysts had predicted last week that gasoline inventories remain unchanged while the expected rise in distillate stocks, which include heating oil and diesel fuel by 600 thousand barrels, the survey showed. Finished / 25
http://www.almaalomah.com/2017/06/20/168552/
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