Weekly petroleum storage and production data from the EIA
- Prior was +4591K
- Gasoline +1107K vs -750K exp
- Distillates -814K vs -2050K exp
- Refinery utilization +5.4%
- Production +0.4%
- Production 9.547 mbpd vs 9.510 mpbd prior
The API data late yesterday:
- Crude -761K
- Gasoline +1470K
- Distillates -4527K
- Cushing +1064K
There was minimal reaction from oil on the results. WTI is trading up 12-cents on the day to $51.99.
