• Prior was +8408K
  • Gasoline+176K vs +1767K exp
  • Distillates -507K vs -1121K exp
  • Refinery utilization +0.8% vs +1.2% exp
  • Production 12.2m vs 12.2m prior
  • Implied mogas demand 8.14m vs 8.05m prior

WTI crude is largely unchanged on this but it's less bearish than the API data released late yesterday:

  • crude +3.378 million
  • gasoline+620,000
  • distillates -1.929 million
  • Cushing +3.928 million