Weekly oil inventory data
- Prior was +919K
- Gasoline 513K vs +1500K exp
- Distillates -2257K vs -2000K expected
- Refinery utilization +0.6% vs -0.55% exp
- Production unchanged at 11.9 mbpd
API data earlier:
- Crude +2514K
- Gasoline +1731K
- Distillates +1141K
Oil is a bit higher on the latest headlines however WTI is still down 22-cents to $53.42 on the day.
