- Prior was +3715K
- Gasoline -267K vs -75K expected
- Distillates -4259K vs -294K expected
API inventory data from late yesterday:
- Crude +7.36 million
- Gasoline +2.99 million
- Distillates -4.79 million
I take this as modestly bullish for crude on that big distillate draw. Yes, the crude number was negative but not as bad as API.
