oil pumpjack pixel art
  • Prior was -3741K
  • Gasoline -3665K vs -1043K exp
  • Distillates +1534K vs -1242K exp
  • Refinery utilization -1.5% vs +0.7% expected
  • Production unchanged at 13.3 mbpd

API data late yesterday showed:

  • Crude -4495K
  • Gasoline -1917K
  • Distillates -322K

Crude is mostly moving on geopolitical risks today after the assassination of Hamas' top political leader and the bombing attack in Beirut.