DOE crude oil inventories -4512K vs -2200K estimate

Crude oil inventories

  • crude oil inventories draw of 4512K vs. draw of 2200K estimate. Last week draw 7373K
  • gasoline inventories draw of -722K vs. draw of -400K estimate. Last week saw a build of 419K
  • distillates a draw of 2322K vs. a  build estimate of 1000K. Last week saw a build of 1591K
  • Cushing build of 1336K vs a build of 532K last week
  • Crude oil is currently trading at $42.53, up $0.93 or 2.17%
The private data last night showed:
  • Crude -4400K
  • Gasoline -1310K
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