August 07, 2024 at 03:35PM
Prior was -3436K
Gasoline +1340K vs -986K expected
Distillates +949K vs +241K expected
Refinery utilization +0.4% vs +0.8% expected
Production 13.4mbpd vs 13.3mbpd prior
WTI crude oil was up $1.40 ahead of this data and has slightly extended its gains since.
API data late yesterday showed:
Crude +180K
Gasoline +3310K
Distillates +1220K
This article was written by Adam Button at www.forexlive.com.
EIA weekly US crude oil inventories -3728K vs -700K expected