EIA weekly US crude oil inventories +95K vs +597K expected

  • Prior was +4405K
  • Gasoline -2536K vs -670K expected
  • Prior was +688K
  • Distillates -2228K vs -1570K expected
  • Prior was -1530K

API data from late yesterday:

  • Crude +4200K
  • Gasoline -3200K
  • Distillates -500K

WTI was trading at $81.63 ahead of the report after falling as low as $79.62 earlier on the Russian report of a ceasefire in Iran.

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

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