Crudeoil | MCX | 27 Feb 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.