Oil inventories from the EIA
- Prior was +1379K
- Gasoline inventories +5132K vs +800K expected
- Distillate inventories +725K vs +800K expected
- Production 12.9 mbpd vs 12.8 mpbd prior (fresh record)
- Imports 218K bpd
API numbers released late yesterday:
- Crude +3639K
- Gasoline +4378K
- Distillates -665K
WTI crude oil briefly dipped on the data then recovered to $58.32 but then fell to a session low of $58.09.