Results of the EIA energy inventory survey:
- Prior was +8170K
- Cushing inventories 2629K vs 1470K exp
- Gasoline inventories -4258K vs 862K exp
- Refinery untilization 0.4% vs 0.55%
Yesterday, API reported crude oil inventories up 5.2m barrels so the result might have been a smaller build than fast money was looking for. Crude prices modestly extended gains after the data.
