Prior was +5474Crude oil inventories +2149K vs +1103K expGasoline inventories +412K vs -878K expDistillates inventories +2947K vs -1137K expRefinery utilization +1.4% versus expectations of +0.3%
Private inventory data released late yesterday:
Crude +1643KGasoline -2019KDistillates -1478K
Today’s report is bearish for crude but ahead of the report, it had made an impressive comeback.
This article was written by Adam Button at www.forexlive.com.