Crude oil inventory data from the US Energy Information Administration:
- Last week inventories rose 1910K compared to 2781K expected
- First draw since January 2
- Gasoline +0.4m vs +1.0m exp
- Distillates +1.5m vs 0.0m exp
What's surprising is that API reported a draw of 1.5m barrels and the consensus changed overnight to +1.5m from +0.9m.
