Weekly petroleum inventory data from the EIA:

  • Prior was -11463K
  • Gasoline +9137K vs +3200K exp
  • Distillates +5330K vs +3500K exp
  • Cushing -821K
  • Refinery utilization -1.5%
  • Production unchanged

The API data from late yesterday:

  • Crude: -5945K
  • Cushing: -1027K
  • Gasoline: +6708K
  • Distillates: +6369K

Oil fell to a fresh low at $61.15 on the headlines.