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EIA crude oil inventories build of 0.574M versus a drawdown of -0.821 million estimate

EIA crude oil inventories build of 0.574M versus a drawdown of -0.821 million estimate

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Greg Michalowski
24 minutes ago
  • EIA oil inventory data for the current week
Weekly oil inventory data
Weekly oil inventory data
  • Crude oil inventory build of 0.574M versus drawdown of -0.821 million estimate
  • gasoline oil inventory 4.5M barrels versus build of 1.468 million estimate
  • distillates oil inventory 2.1M barrels versus build of 0.707 million estimate.
  • Cushing drawdown of -0.457M vs prev -0.068M

The private data released late yesterday showed:

  • Crude +2480K
  • Gasoline +3100K
  • Distillates +2880K.

The price of crude oil is trading up $0.80 at $59.48. The high price today reached $59.64. The low price was at $58.37.

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