Crude oil inventories -1.630M vs -0.500M estGasoline inventories +0.069M vs +0.240M estimateDistillates inventories +0.125M vs +0.551M estimateCushing -1.979M vs -1.704M last weekrefining utilization -0.7% versus expectations of -1.0%. Previously -0.5%
The private inventory data yesterday showed yields of around 2M for crude, gasoline and distillates.
This article was written by Greg Michalowski at www.forexlive.com.