Happy New Year! We had been busy counting #barrels with increasing precision. Here's our #Cushing report card for last 2 weeks. Waiting anxiously for tomorrow!
We publish Cushing inventories on Sundays so you are armed with data before the market opens. #OOTT#EIA#oiltraders
๐A small end-of-year bonus from @alphabbl: Our midweek (Dec 6-10th) #Cushing#crudeoil inventory change was -1126kb. Usually, only our paid subscribers get access to this data on Wednesdays to help them tweak their positions or strategies well ahead of the #EIA.
#OOTT
Alphabbl #Cushing numbers were the closest to the EIA numbers again this week, with @alphabbl estimates at -271kb vs #EIA data at -302kb. Last week we were at -97kb vs -85k for EIA. To get Cushing numbers on Sunday, check out https://t.co/J8ZuZeaylM
#crudeoil#OOTT#oilprice
#Cushing#crude#oil stocks built 1988kb last week according to AlphaBBL data. To get access to these numbers on Sunday, check out https://t.co/J8ZuZeaylM
#OOTT#oilprice#alphabbl
#Cushing#crude#oil stocks built 2003kb last week according to AlphaBBL data. We are expecting a refinery runs surge in Nov and Dec for #IMO2020 demand which should start drawing crude at the hub. #OOTT#oilprice
#Cushing#crude#oil stocks built 1350kb last week according to AlphaBBL data. EIA report will be published Thursday this week due to Columbus Day on Monday. #OOTT#oilprice
@Salghanim911 API reported Cushing inventories built around 1.65mb. We reported Cushing stocks built 1.35mb while some major data providers are below 1mb. We benchmark ourselves against #EIA data, which is due in about 3 hours. #oilprice
๐ข๏ธThird week in a row - @alphabbl#Cushing numbers are less than 100kb away from #EIA. EIA reported #oil stocks built 1.27mb (vs 1.35mb #alphabbl). APIs and other major data providers were about 400kb away. #oott#oilprice
With some of the macro gloom lifted w pos trade talks, the 10 year bond broke its upside 50 day, the $ decl and B/WTI crude moved up 3.5pc this wk. Crude should break over their 50 day next wk. If freight comes off AB crude will bounce hard. Products remain bullish. Georisks big
EIA reported #cushing#oil stocks drew 0.94mb. For 2 weeks in a row #alphabbl measurements (+0.86mb) were closer to #EIA than even the API numbers. Most other data providers didn't even come close as usual. #oott#oilprice
This is how closely AlphaBBL has been tracking the #Cushing#EIA numbers. We publish these numbers 3 days before the EIA to help traders arm themselves with reliable data before the market opens. Contact us today for a trial subscription. #oott#oogt#oilprice
EIA reported #cushing#oil stocks drew 0.2mb. We were nervous with API reporting a 0.37mb build at Cushing, but once more #alphabbl measurements (-0.18mb) were the closest to #EIA report compared to all other data providers. ##oott#oilprice