• Prior was -451K
  • Gasoline +2108K vs +316K expected
  • Distillates +2123 vs +1208K expected
  • Refinery utilization -2.1% vs +0.1% expected
  • SPR draw of 1.9 million barrels

Private oil inventories released late yesterday:

  • Crude +1024K
  • Gasoline +2075K
  • Distillates +1394K

Brent crude oil was trading up 69-cents to $74.98 ahead of the release while WTI traded at $69.95. It briefly turned negative on the day after the release.

Daily crude oil WTI
Daily crude oil WTI