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:

oil