Market Commentary
China Skipped U.S. Crude Purchases
February 27, 2019
The inventory update from the private firm API called crude stocks down 4.2 million barrels. Gasoline stocks were reported down 3.9 million barrels and distillates were up 394,000 barrels. The crude oil stocks at Cushing, Ok were up 2.0 million barrels. The estimates for today’s DOE report from the Reuters […]