Weekly US oil inventory data
Prior was +3803K
Gasoline +2900K vs -1900K expected
Distillates +1230K vs +800K expected
Production 10.80m bpd vs 10.90m bpd prior
Production -0.9%
Here was the API data from late yesterday:
- Crude -6000K
- Cushing -576K
- Gasoline +3100K
- Distillates +1800K
Not much movement from oil on the knee-jerk but prices rise slightly to $67.85 from $67.60 but it's now right back down.
