- Prior was +1448K
- Gasoline +1745K vs -5737K expected
- Distillates -2812K vs -1559K expected
- Refinery utilization +0.4% vs -0.6% expected
Private oil data released late yesterday:
- Crude +4593K
- Gasoline -1708K
- Distillates -2146K
This is a moderately bearish report but it’s mitigated by the large drawdown in distillates.
This article was written by Adam Button at www.forexlive.com.
#EIA #weekly #crude #oil #inventories #1745K #512K #expected #Forexlive
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