- Prior was -2332K
- Gasoline -1433K vs -369K exp
- Distillates -1318K vs +220K exp
- Refinery utilization -0.6% vs +0.2% expected
Private oil data released late yesterday:
- Crude -1455K
- Gasoline -1249K
- Distillates +1136K
WTI today traded to $65.93, which is the lowest since September. US production will be declining this year if prices stay at these levels.
