Prior was -3728KGasoline -2894K vs -1434K expectedDistillates -1673K vs -636K expectedRefinery utilization +1.0% vs +0.1% expectedProduction mbpd 13.3mbpd vs 13.4mbpd prior
API data late yesterday showed:
Crude -5205KGasoline -3689KDistillates +612K
Oil ticked lower on the EIA headlines, which are certainly a twist after the bullish private numbers yesterday. WTI was flat at $78.17 just before the data.
This article was written by Adam Button at www.forexlive.com.