- Prior was +692K
- Gasoline -2230K vs -589K expected
- Distillates -1341K vs -1341K expected
- Cushing +1379K vs +1289K prior
- Refinery utilization -1.9% vs -0.5% expected
Oil prices slipped on the headlines:
The API data yesterday showed a mammoth draw in oil + products:
- Crude -3479k
- Gasoline -4500K
- Distillates -4457K
