Weekly crude oil inventories
- Prior was +9281K
- Gasoline -3107K vs -2238K expected
- Distillates -2715K vs -2723K expected
- Cushing +1506K
- Production unchanged at 12.6 mbpd
API numbers released late yesterday:
- Crude +4450K
- Gasoline -702K
- Distillates -3491K
- Cushing +1988K
Given the API numbers yesterday, this is a big surprise. WTI crude has broken the key $55 level and touched the highest levels of October.
