- Crude oil inventories +5474K vs +270K exp
- Gasoline inventories +878K vs -1212K exp
- Distillates inventories -1140K vs -1679K exp
- Refinery utilization +1.8% versus expectations of -0.3%
Oil was in the midst of a nice intraday bounce before this data but there has been some selling since.
Private oil inventories released late yesterday:
- Crude +1643K
- Gasoline -2019K
- Distillates -1478K
This article was written by Adam Button at www.forexlive.com.
#EIA #weekly #crude #oil #inventories #5474K #270K #expected #Forexlive
