January 23, 2025 at 05:00PM
Prior was -1962K
Gasoline +2332K vs +2281K expected
Distillates -3070K vs +283K expected
Refinery utilization -5.8% vs +0.8% expected
That drop in refinery utilization highlights some of the issues around cold weather lately. WTI fell shortly before the report after Trump called for OPEC to pump more.
Here were the private inventory numbers yesterday:
Crude +1000K
Gasoline +3200K
Distillates +1900K
This article was written by Adam Button at www.forexlive.com.
EIA weekly US crude oil inventories -1017K vs -1645K