Weekly energy inventories and production data
- Prior was -1404K
- Gasoline +1883K vs -1430K expected
- Distillates -951K vs -1250K expected
- Cushing -1223K
- Production unchanged
- Imports 8.159mbd
- Exports 1.748mbd
Here was the private inventory data released late yesterday:
This is a big, surprise build in inventories and oil prices have quickly dropped with WTI down to $71.55 from $72.10.
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