Weekly US oil inventories
Prior was +3577K
Gasoline +1699K
Distillates +3811K
Cushing +1729K
Production 11.7 mbpd vs 11.7 mbpd prior
API earlier in the week:
Crude +5360K
Gasoline +3610K
Distillates +4320K
The drop snaps a streak of 10-straight weeks of inventory builds.
The US has become a net crude and product exporter for the first time.
