Weekly oil inventories from the EIA
- Prior was +3104K
- Gasoline -1213K vs -900K exp
- Distillates -3943K vs -2000K exp
- Refinery utilization -0.7% vs +0.35% exp
The API numbers released late yesterday:
- Crude +4130K
- Gasoline -5940K
- Distillates -3980K
- Cushing +1240K
WTI ccrude was trading up 54-cents to $53.17 per barrel ahead of the data and has ticked a few cents lower afterwards.