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EIA weekly US oil inventories +3730K vs -1025K expected

Prior was +1233KGasoline +2566K vs +0.891K expDistillates +881K vs +2147KRefinery utilization -0.4% vs -0.3% expected

These are bearish numbers and are weighing modestly on oil prices, which were up $1.20 ahead of the release.

Private numbers yesterday:

Crude -2428KGasoline -2549KDistillates +972K

This article was written by Adam Button at www.forexlive.com.

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