Latest weekly crude inventories

  • Prior 1317k
  • Yesterday's API 8796k
  • Cushing -1258kv s335k exp. Prior 545k
  • Gasoline -4642k vs -2200k expo. Prior -747k
  • Distillate 917k vs -650k exp. Prior -1135k
  • Refinery utilisation -0.6% vs 0.3% exp. Prior -0.1%

Pretty much following the API data. Crude imports rose 691k and the highest since Jun 2013. A sizeable draw down in gasoline stands out. WTI is off by a few ticks after the data. It ran around between 40.75 and 40.20 in the seconds after the release.