EIA weekly US oil inventories -934Okay vs -1635Okay anticipated

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  • Gasoline +2348Okay vs +2060Okay exp
  • Distillates -3180Okay vs +661Okay exp
  • Refinery utilization -Zero.6% vs -Zero.2% exp

Non-public oil information launched late yesterday:

  • Crude -4700Okay
  • Gasoline +2400Okay
  • Distillates +700Okay

Forward of the information, WTI crude oil was up 82-cents to $70.90, having erased the entire decline on Tuesday.

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



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