Weekly US oil inventories
- Prior was -6065K
- Gasoline +4519K vs -900K exp
- Distillate +6390K vs +1200K exp
- Refinery utilization +1.3% vs +0.4% exp
Oil rose about 20-cents on the headlines as it focuses on the headline, not the product builds.
API late yesterday:
- Oil -1633K
- Gasoline +5473K
- Distillate +7146K