Crude oil was trading at $57.09 before report.
- Crude oil sees a build of 10270K vs 3200K estimate
- Gasoline shows a draw of -1411 vs -1850K estimate
- Distilates -3589 vs -3465K estimate
This was the API data from yesterday. The build was bigger than the API data. Oil down on the data and pulling away from the 4hr underside of the trend line channel highlighted below
Price was testing the underside of the 4hr channel trend line as the report released.
