Prior was -5836K
Gasoline -1554K vs 0K expected
Distillates -837K vs +1650K expected
Refinery utilization -1.8% vs -0.6% expected
Production unchanged at 11.0 mbpd
WTI crude hit the highs of the day at $69.55 on the headlines but backed off to $69.30 afterwards.
Here was the API data from yesterday:
After the EIA numbers, the market was likely looking for something around -800K.
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