- Prior was +1357K
Details:
- Gasoline -1606K vs -933K expected
- Distillates -3312K vs -215K expected
- Refinery utilization +0.8% vs +0.3% expected
- Production mbpd 13.4mbpd vs 13.3mbpd prior
API data late yesterday showed:
- Crude +347K
- Gasoline -1043K
- Distillates -2247K
These numbers are bullish at the margin and oil was already bouncing back today after four days of losses.
