EIA weekly US crude oil inventories -3248K vs -3000K expected

Author: Adam Button | Category: News

Weekly US oil inventories

  • Prior was -8010K
  • Gasoline +4395K vs +2500K exp
  • Distillates +4786K vs +2000K exp
  • Refinery utilization +1.3% vs +0.15% exp
API numbers from late yesterday:
  • Crude -5821K
  • Gasoline +1876K
  • Distillates +4433K
  • Cushing -232K
WTI prices fell on the kneejerk but a minute after the release they're back to pre-data levels.

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