- Crude oil build up 5.521M versus 1.895 million build expected
- gasoline stocks showed a drawdown of -3.146 million versus an expected build of 0.140 million
- distilates showed a drawdown of -3.221 million barrels versus an expected drawdown of -1.000 million
- Cushing showed a drawdown of -0.033 million versus a drawdown of -1.972 million last week
- Crude production increased by 13.3 million versus 13.0 million last week
- refining utilization -0.5% versus expected 4.0% (last week -2.6%)
Oil is trading at $73.63 ahead of the report. The price of crude oil is currently trading at $73.77.
