DOE EIA crude oil inventories report for Nov 27, 2015

  • Prior +961K
  • Cushing 428K vs 725K est.Prior 1744K
  • Gasoline inventories 135K vs. 1550K est. Prior 2478K
  • Distillate inventories 3051K vs 500K est Prior 1046K
  • US refinery utilization 2.5% vs 0.5% est. Prior 1.7%

The WTI Crude contract for January was at $41.30 before the report. It is now down to the $40.87 after the higher than expected build.