- Prior was -1725K
- Gasoline -1478K vs -805K expected
- Distillates +170K vs -1138K expected
- Refinery utilization -0.6% vs +0.3% expected
- SPR draw of 3.4m vs -3.4m expected
- Implied oil demand 20.587m vs 20.761m prior
- Gasoline implied demand +252k bpd
API data released late yesterday:
- Oil +4520K
- Gasoline -2278K
- Distillates +635K
WTI crude oil is having a solid day today, up $1.50 to $86.84 and is largely unchanged after the data.
