- Prior crude -5187K
- Gasoline +4496K vs +2714K exp
- Distillates +1364 vs +2517K exp
- Refinery utilization -3.3% vs -0.1% exp
- The SPR draw last week was 4.7 mb
Late yesterday in the API report:
- Oil +7819K
- Gasoline +877K
- Distillates +3900K
The 'expectation' on the headline in this report was certainly more bearish than what's advertised due to the API numbers but crude had been stubbornly strong today until the report. It's down about 50-cents on the headline.
