Weekly oil inventory and production data
- Gasoline -2235K vs +2800K exp
- Prior gasoline +4050K
- Distillates -1122K vs -1100K exp
- Prior distillates -617K
- Refinery utilization -2.8% vs -0.85% exp
- Prior -1.7%
The API data from late yesterday:
- Crude +2098K
- Gasoline +2400K
- Distillates -2000K
Oil is at the highs of the day after the data with WTI crude up 92-cents to $54.33.
Weekly US oil inventory change: