- Prior was +1233K
- Gasoline +2566K vs +0.891K exp
- Distillates +881K vs +2147K
- Refinery utilization -0.4% vs -0.3% expected
These are bearish numbers and are weighing modestly on oil prices, which were up $1.20 ahead of the release. US crude imports were the highest since 2018 and that could help explain the miss.
Private numbers yesterday:
- Crude -2428K
- Gasoline -2549K
- Distillates +972K
Update: WTI now up just 54-cents.
