Weekly US oil inventories and production from the EIA
- Prior was -2197K
- Gasoline -3790K vs -1436K expected
- Distillates -92K vs -1950K expected
- Refinery utilization +0.7% vs +0.4% expected
- Production +0.2%
- Production 10.723mbpd vs 10.703mbpd prior
- Production +15.2% y/y
From yesterday's API data:
- Crude +4854K
- Gasoline -3369K
- Distillates -786K
- Cushing +62K
WTI crude up to $71.02 from $70.70 after the data.
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