The Street expects that this report is going to get hammered. That it will show about a 390 million barrel reduction in current storage. And remember this is just the reduction due to hurricane IDA.
Nicholas just came ashore this morning, and should further reduce our oil storage. Look for today's report to be bad, but next week's report to be a real blockbuster. So once again the Street looks for a reduction of 390 million barrels of oil in today's Crude Oil Stock Report.