US weekly oil inventory and production data
- Prior was 1895K
- Gasoline +3599K vs +1800K exp
- Distillates -459K vs 0K exp
- Cushing -3642K vs -711K prior
- Production +0.2% w/w
- Production 10.271 mbpd vs 10.251mbpd prior
Private data from the API yesterday:
- Oil +3947K
- Cushing -2319K
- Gasoline +4634K
- Distillates +1100K
Crude quickly to $59.25 from $58.70 on the data but that production number might rain on the parade.
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