WTI crude daily
- Prior crude -6135KK
- Gasoline -214K vs -933K expected
- Distillates +1235K vs +189K expected
- Refinery utilization -1.2% vs +0.0% expected
- Production estimate 12.8 mbpd vs 12.8 mbpd prior
- Impld mogas demand: 9.07 mbpd vs 8.91 mbpd prior
The API data late yesterday showed:
- Crude -11486K
- Gasoline -1400K
- Distillates +2460K
This number isn’t quite as good as the API number but there was some disbelief at the huge API draw and now there are fresh bids in oil.