Weekly inventories from the EIA
- Prior was -4689K
- Gasoline -4320K vs -3050K expected
- Distillates -1675K vs -1000K expected
- Refinery utilization -5.3% vs -4.3% expected
API data from late yesterday:
- Oil -6360K
- Gasoline -5760K
- Distillates -1420K
- Cushing -237K
Oil was struggling today ahead of the day but jumped to $42.60 from $42.30 on the headlines. The consensus certainly missed some of the hurricane impacts.
