Prior was +1357K
Details:
Gasoline -1606K vs -933K expectedDistillates -3312K vs -215K expectedRefinery utilization +0.8% vs +0.3% expectedProduction mbpd 13.4mbpd vs 13.3mbpd prior
API data late yesterday showed:
Crude +347KGasoline -1043KDistillates -2247K
These numbers are bullish at the margin and oil was already bouncing back today after four days of losses.
This article was written by Adam Button at www.forexlive.com.
