Weekly US energy inventories and production data

  • Prior was -5117K
  • Gasoline +1237K vs +2300K
  • Prior gasoline +5664K
  • Distillates +769K vs +250K expected
  • Prior distillates -1370K
  • Refinery utilization +0.70% vs -0.25%
  • Oil production +0.1% w/w
  • Production +11.4% y/y
  • Production 9.789 vs 9.780mbpd prior

WTI crude is down 4 cents to $57.52