US oil stockpile data from the American Petroleum Institute:

  • Gasoline stocks down 2.6m barrels
  • Distillates down 0.64m barrels
  • Crude stocks at Cushing up 2.0m barrels
  • Subscribers get the release 5 minutes before the public
  • EIA crude oil inventories are expected at 5.13m on Wednesday
  • Crude inventories rose by 10.5 million barrels a week earlier

Oil prices initially jumped on the numbers, presumably because the build was less than last week.

Earlier today I wrote about how US oil storage is headed toward the critical Spring season.