EIA weekly crude oil inventories +5474Ok vs +270Ok anticipated

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  • Crude oil inventories +5474Ok vs +270Ok exp
  • Gasoline inventories +878Ok vs -1212Ok exp
  • Distillates inventories -1140Ok vs -1679Ok exp
  • Refinery utilization +1.eight% versus expectations of -Zero.three%

Oil was within the midst of a pleasant intraday bounce earlier than this knowledge however there was some promoting since.

Non-public oil inventories launched late yesterday:

  • Crude +1643Ok
  • Gasoline -2019Ok
  • Distillates -1478Ok

This text was written by Adam Button at www.ubaidahsan.com.



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