Month: August 2022

Prior was -3282K Gasoline -1172K vs -1178K expected Distillates +111K vs +960K expected Refinery utilization -1.1% vs -0.4% expected Implied gasoline demand 8.591m vs 8.43m last week SPR draw of 3.1m vs 8.1m prior Here’s what the API reported late yesterday: Crude +593K Gasoline -3414K Distillates -1726K Cushing -599K WTI crude oil was down $1.43
The markets are generally quiet in Asian session today. Euro surged notably yesterday as traders raised their bets on ECB rate hike next week, with some expecting a 75bps increase. But there is no clear follow through buying for now. While Dollar is paring some recent gains, loss is also limited. For now, Sterling, Swiss
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Gold price in the national capital on Tuesday fell Rs 66 to Rs 51,469 per 10 grams amid rupee appreciation, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 51,535 per 10 grams. Silver, however, gained marginally by Rs 4 to Rs 55,550 per kilogram from Rs 55,546 per