Categories Finance

Crude oil inventory for the current week build 4.070M vs estimate 3.028M

  • Prior week oil inventory build 8.664M
  • Crude oil inventory buildup 4.070M versus 3.028M estimate
  • Gasoline drawdown of -3.035M versus estimate of a build of 1.403M
  • Distillate build of 0.135M vs drawdown of -1.539M estimate
  • Cushing build of 0.872M vs. last week drawdown of -0.034M
  • Weekly refining utilization 0.5% versus 0.5% expected. Previous +1.0%
  • Crude production change 0.12% versus +1.8% last week

This article was written by Greg Michalowski at www.forexlive.com.

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