Weekly US energy inventories
- Prior was 6912K
- Gasoline +781K vs -750K expected
- Distillates +437K vs +500K expected
- Cushing -647K
API numbers from late yesterday:
- Crude +5920K
- Cushing -8460K
- Distillate +2000K
- Gasoline +1600K
There was a minimal market reaction to the headlines but the numbers weren't as bearish as yesterday's big API build. Here's a two-day look at oil:
