Reuters is reporting MUCH different API survey results for oil inventories

Forex Short News

Reuters is reporting MUCH different API survey results for oil inventories:

  • U.S. crude, distillate and gasoline
    stocks rose last week, market sources said, citing American
    Petroleum Institute figures on Tuesday.
  • Crude stocks rose by 839,000 barrels in the week ended July
    11, the sources said on condition of anonymity.
  • Gasoline
    inventories rose by 1.93 million barrels and distillate stocks
    rose by 828,000 barrels, they said.

These numbers VERY, VERY, VERY different to what Twitter is reporting:

This article was written by Eamonn Sheridan at www.forexlive.com.