Crudeoil | MCX | 27 Feb

MCX:CRUDEOIL1!   Crude Oil Futures
Timeframe: 1 hour
Strategy: Bearish

  • Macquarie analysts forecast a 5.6 million barrel rise in US crude inventories.
  • Refinery runs and domestic supply are expected to increase.
  • Gasoline and distillate draws are predicted, while jet stocks remain stable.
  • Implied demand is estimated at around 13.9 million barrels per day.


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