Weekly energy inventory and production data
- Prior was -4727
- Gasoline -1015K vs -1800K exp
- Distillates -1852K vs -500K exp
- Cushing -1699K vs -23K prior
API yesterday:
- Crude -10200K
- Gasoline +1900K
- Distillates -111K
The crude draw isn't as large as the API reported yesterday but gasoline and distillates were larger. On net, the report has boosted WTI by 30-cents to $48.48.
- Production 9.410 mbpd vs 9.429 mbpd prior
- Production -0.2% w/w
- Production +10.5% y/y