EIA weekly crude oil inventories -1178Ok vs -2800Ok anticipated
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- Prior was -4237
- Gasoline +7717Ok vs +314Ok anticipated
- Distillates +6406Ok vs -52Ok anticipated
- Refinery utilization +zero.2% vs +zero.2% anticipated
These are some bearish numbers, notably on the product facet. WTI crude oil was on the highs of the day forward of the report at $73.53, up $1.79.
This text was written by Adam Button at www.ubaidahsan.com.
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