US weekly private oil inventories show a large drawdown in crude supplies

• Crude -4800K
• Prior was +2480K
• Gasoline +7000K
• Distillates +1000K

Expectations for tomorrow’s EIA report

• Crude -2310K
• Gasoline +4518K
• Distillates +1943K

WTI is struggling this week and finished lower by 49-cents on Tuesday. The crude number here is nice but that’s a fat build in gasoline and comes after a 4.5mb build in last week’s EIA data.

This article was written by Adam Button at investinglive.com.