US EIA weekly crude oil inventories -7974K vs -4007K expected

• Prior was -3327K
• Gasoline +3364K vs -513K expected
• Distillates +1502K vs -319K expected
• Refinery utilization +0.2% vs +0.3% expected

API data released late yesterday:

• Crude -6750K
• Gasoline -3199K
• Distillates -214K

WTI crude oil was up $1.10 to $94.92 ahead of the report.

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