Weekly oil inventory data
- Prior was 5987K
- Gasoline -2016K vs +1000K expected
- Distillate inventories -827K vs -1400K expected
- Refinery utilization flat vs -0.50% exp
- Production 10.9 mbpd vs 11.2 mbpd prior
Here was the API data released late yesterday.
WTI quickly down to a session low, off $1.80 to $70.16.