Ahead of today’s API inventory data and official EIA data to be released on Wednesday, a Wall Street Journal survey shows analysts and traders expecting another drop in U.S. crude oil stockpiles for the week ended April 29th. Analysts and traders surveyed by WSJ anticipate a 200,000 fall in U.S. oil inventories and a 300,000 barrel drop in gasoline stockpiles.
Of the 11 analysts surveyed by WSJ, seven are predicting a decrease and four, an increase in crude oil inventories. They also expect distillates to record a decrease…Analysts Expect Crude Inventories To Fall Again This Week
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