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Oil Stats for Trading Oil – 6th May 2009

DOE: US Crude Oil Stocks +600,000 Bbls  against average forecast of +2.1M DOE: US Gasoline Stks -200,000 Bbls vs forecast of  +100,000 DOE: US Distillate Stks +2.4M Bbls vs forecast of  +1.2M DOE: US Refineries Running at at 85.3% capacity

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Daily Oil Prices – Trade Spot Oil 30th April 2009

Yesterday’s EIA report showed a surprisingly large draw in gasoline stocks which counterbalanced another sizable build in crude oil supplies even pencilling in a bigger than expected increase. So once again it was left to a strong advance in the equity markets and additional weakening...

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