Weekly crude oil inventories show a drawdown of -1.962M versus a -0.992 million

January 15, 2025 at 03:31PM

Crude oil drawdown of -1.962M versus -0.992 million drawdown estimate

Distillates build 3.077M versus 0.75 million build estimate

gasoline build 5.852M versus 2.034 million build estimate

Refining utilization -1.6% versus estimate of -0.9%. Previous +0.6%

Weekly crude production 13.481 million barrels versus 13.563 million barrels previously

The private inventory data released late yesterday showed

This article was written by Greg Michalowski at www.forexlive.com.

Weekly crude oil inventories show a drawdown of -1.962M versus a -0.992 million