Private oil inventory data for the week ending November 1

  • Crude +4260K vs +2000K exp
  • Gasoline -4000K vs -2000K exp
  • Distillates -1600K vs -1250K exp

Oil posted a solid day but this has caused some modest initial selling. WTI has fallen to $57.13 from $57.27 beforehand.

private oil inventories

The official EIA numbers are out at 1530 GMT on Wednesday.