Weekly crude oil inventories show a drawdown of -1.962M versus a -0.992 million

• Crude oil drawdown of -1.962M versus -0.992 million drawdown estimate
• Distillates build 3.077M versus 0.75 million build estimate
• gasoline build 5.852M versus 2.034 million build estimate
• Refining utilization -1.6% versus estimate of -0.9%. Previous +0.6%
• Weekly crude production 13.481 million barrels versus 13.563 million barrels previously

The private inventory data released late yesterday showed

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