Crude oil inventories -3.522M vs est -1.436M

Weekly crude oil inventory

  • crude oil inventories -3.522m vs -1.436m estimate
  • gasoline inventories +4.044M vs -0.221M estimate
  • distillates, +1.452K versus +0.486M estimate
  • Cushing OK crude, -0.735M
  • crude oil implied demand 17667 versus 17370 last week
  • gasoline implied demand 9573.3 versus 9431.1 last week
  • distillates implied demand 4756.6 versus 4815.9 last week
WTI crude oil futures trading down $0.31 among 0.51% of $59.02