Weekly petroleum inventories
- Prior was +4320K
- Gasoline +1541K vs -800K
- Distillates -1584K vs -2500K
- Refinery utilization +0.7% vs -0.53% exp
This is a big draw but it's almost in line with API numbers from late yesterday:
- Crude -8010K
- Gasoline +2450K
- Distllates -5770K
- Cushing +9810K
WTI crude oil is up 61 cents to $38.33 a barrel and there hasn't been any movement on the results.
