Weekly US oil inventory data

  • Prior was +3626K
  • Gasoline -1400K vs -1657K exp
  • Distillates +1800K vs -472K exp
  • Refinery utilization vs +0.4% exp

Here are the API numbers from late yesterday:

  • Crude -816K
  • Gasoline -1114K
  • Distillates +673K

These numbers are on the bearish side but WTI is unmoved at $67.70 after the release.