US weekly energy data
- Prior was +10270K
- Gasoline -1295K vs +100K exp
- Prior gasoline -1411K
- Distillates -77K vs -2500K exp
- Prior distillates -3589K
- Production unchanged at 11.7 mbpd
API numbers yesterday:
- Crude -1545K
- Gasoline +706K
- Distillates -1832K
Oil isn't doing much in the aftermath. The API numbers led many to believe inventories would be a bit tighter but it's been the opposite in oil.
WTI isn't doing much in the aftermath but has ticked about 15 cents lower to $54.30.