pumpjacks at sunset oil
  • Prior was -3728K
  • Gasoline -2894K vs -1434K expected
  • Distillates -1673K vs -636K expected
  • Refinery utilization +1.0% vs +0.1% expected
  • Production mbpd 13.3mbpd vs 13.4mbpd prior

API data late yesterday showed:

  • Crude -5205K
  • Gasoline -3689K
  • Distillates +612K

Oil ticked lower on the EIA headlines, which are certainly a twist after the bullish private numbers yesterday. WTI was flat at $78.17 just before the data.