- Prior was -451K
- Gasoline +2108K vs +316K expected
- Distillates +2123 vs +1208K expected
- Refinery utilization -2.1% vs +0.1% expected
- SPR draw of 1.9 million barrels
Private oil inventories released late yesterday:
- Crude +1024K
- Gasoline +2075K
- Distillates +1394K
Brent crude oil was trading up 69-cents to $74.98 ahead of the release while WTI traded at $69.95. It briefly turned negative on the day after the release.
Daily crude oil WTI