- Lagest build since March 2021
- Prior was -1356K
- Gasoline +2023K vs -1825K exp
- Distillates -4853K vs -2050K exp
- SPR sales were 7700K last week
- Implied gasoline demand down 1189K w/w
- Total product supplied demand -1560K w/w
Late yesterday the API report showed:
- Oil +7050K
- Gasoline +2000K
- Distillates -4560K
This is a big draw but oil is holding up.
