Weekly crude oil inventories from the EIA
- Prior was -8496K
- Gasoline +4437K vs -1250K expected
- Distillates +1529K vs +450K expected
- Cushing -1504K
API data released yesterday:
- Crude -3430K
- Gasoline -1100K
- Distillates +1200K
- Cushing -1600K
Oil didn't need this headline. Oil is back down to the lows of the day at $51.25, down $1.10 in a flash.
