Quote of the day


"...it's clear that a crude oil stock draw should have been reported in the last five weeks or so. After all, the combination of reported imports, production and strategic stock changes fell short of reported crude oil intake into oil refineries."


(Jan Stuart, energy analyst at UBS, said in a report. ahead of the US oil inventory data due out Thursday from the Department of Energy and American Petroleum Institute are expected to show a 2.4-mil bbl fall in commercial crude stocks, according to analysts surveyed by Platts Wednesday).


See more industry/OPEC viewpoints at http://www.platts.com/Oil/Resources/Quote%20of%20the%20Day/