August 14, 2024 at 03:30PM
Prior was -3728K
Gasoline -2894K vs -1434K expected
Distillates -1673K vs -636K expected
Refinery utilization +1.0% vs +0.1% expected
Production mbpd 13.3mbpd vs 13.4mbpd prior
API data late yesterday showed:
Crude -5205K
Gasoline -3689K
Distillates +612K
Oil ticked lower on the EIA headlines, which are certainly a twist after the bullish private numbers yesterday. WTI was flat at $78.17 just before the data.
This article was written by Adam Button at www.forexlive.com.
EIA weekly crude oil inventories 1357K vs -2200K expected