Weekly petroleum report from the EIA:
- Prior was +5720K
- Distillates -1358K vs +3000K exp
- Gasoline -1666K vs -750K
The product draws are outweighing the headline and WTI is up to $38.20 from $37.65 just before the numbers.
API data released late yesterday:
- Crude +3857K
- Cushing -3289K
- Gasoline +4267K
- Distillates +919K