oil pumpjack collage
  • Prior was -4237
  • Gasoline +7717K vs +314K expected
  • Distillates +6406K vs -52K expected
  • Refinery utilization +0.2% vs +0.2% expected

These are some bearish numbers, particularly on the product side. WTI crude oil was at the highs of the day ahead of the report at $73.53, up $1.79.