US EIA crude oil inventories data w/e 22 January 2016
- Prior +3979k
- Last night's API +11400k
- Cushing -771k vs -130k exp. Prior +191k
- Gasoline +3464k vs +500k exp. Prior +4563k
- Distillates -4057k vs -2200k exp. Prior -1025k
WTI moves a tad higher as the market was probably leaning a lot further towards the API numbers. It's spiked to 31.10 but is back down to 30.80.
EIA oil inventories
