This is the private survey ahead of official oil stock data (U.S. Department of Energy's Energy Information Administration's (EIA) Crude Oil Inventories)due from the US on Wednesday morning.
- The Reuters survey had the expected headline as a draw of 1.6 million barrels
The private data is only made available to their subscribers, but it does hit media in the minutes following
Following the release of the data the oil price dropped a little. Expectations (consensus) had been for a draw, so the (headline) build was a surprise.
