March 05, 2025 at 03:30PM
Prior was -2332K
Gasoline -1433K vs -369K exp
Distillates -1318K vs +220K exp
Refinery utilization -0.6% vs +0.2% expected
Private oil data released late yesterday:
Crude -1455K
Gasoline -1249K
Distillates +1136K
WTI today traded to $65.93, which is the lowest since September. US production will be declining this year if prices stay at these levels.
This article was written by Adam Button at www.forexlive.com.
EIA weekly US crude oil inventories 3614K vs 341K expected