Weekly oil inventory data
- Prior was +6088K
- Gasoline -5368K vs -1267K exp
- Distillates -3913K vs -700K exp
- Refinery utilization -2.0% vs -0.1% exp
- Cushing -2320K vs -1986K prior
API data released yesterday:
- Crude +3294K
- Gasoline -3500K
- Distillates -3000K
- Cushing -2500K
WTI crude oil was trading at $82.39 shortly before the release and popped over $83.00 on the release.
