Weekly US oil inventory data
Prior was -6147K
Gasoline -2536K vs -2000K
Prior gasoline -2328K
Distillates +2983K vs +500K exp
Prior distillates -101K
Production 10.900 mbpd vs 11.000 mbpd bpd prior
Production -0.9%
API numbers late yesterday:
Crude +5590K
Cushing -930K
Gasoline -791K
Distillates +2890K
WTI crude is down 96-cents to $67.81 on the day but have ticked fractionally higher after the release.
There was a big decline in crude exports, and that led to a pickup in inventories.
