- The American Petroleum Institute reportedly shows a draw of 2.11M barrels of oil for the week ended June 4.
- Gasoline inventories reportedly show a build of 2.41M barrels, distillate inventories show a build of 3.75M barrels and Cushing inventories show a draw of 420K barrels.
- Data to be released tomorrow from the Energy Information Administration is expected to show crude inventories fell by 4.1M barrels last week, according to S&P Global Platts.
- July WTI crude (CL1:COM) recently was at $70.06/bbl in electronic trading after settling today at $70.05/bbl.
- USO -0.2% after-hours.