EIA weekly US crude oil inventories -1017Ok vs -1645Ok
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- Prior was -1962Ok
- Gasoline +2332Ok vs +2281Ok anticipated
- Distillates -3070Ok vs +283Ok anticipated
- Refinery utilization -5.eight% vs +zero.eight% anticipated
That drop in refinery utilization highlights a few of the points round chilly climate recently. WTI fell shortly earlier than the report after Trump referred to as for OPEC to pump extra.
Right here have been the non-public stock numbers yesterday:
- Crude +1000Ok
- Gasoline +3200Ok
- Distillates +1900Ok
This text was written by Adam Button at www.ubaidahsan.com.
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