Possible scenario
API Overstates Tightness
27% Chance
The official EIA report shows the API draw overstated the extent of tightening, possibly due to timing effects, import fluctuations, or survey noise. Oil gives back part of the initial rally as traders reduce the hurricane supply premium.
Initial impacts
- Oil prices Down
Secondary impacts
- Energy -0.4%
- Consumer Services +0.2%
- Consumer Cyclicals +0.2%
Tickers
- COP-0.5%
Portfolio impact
S&P 500+0.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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