- Oil -240K vs -1705K expected
- Distillates +2734K vs +1571K expected
- Gasoline +3882K vs +1798K expected
This is a bearish report for oil, which was trading unchanged on the day just before the release. It's fallen to $71.70 from $72.02 beforehand.
API data from late yesterday:
- Crude -3.089 million
- Gasoline +3.705 million
- Distillate +1.228 million
- Cushing +2.395 million
Crude remains well within the range of the past day: