- Prior was +3210K
- Gasoline +715K vs -1320K expected
- Distillates +1659K vs -1153K expected
- Production 13.1 mbpd vs 13.1 mbpd prior
- Implied mogas demand: 8.61 Mbpd vs 9.24 Mbpd prior
API data released late yesterday:
- Crude +3034K
- Gasoline -609K
- Distillates +120K
Oil initially fell 40 cents on the data but quickly pared that to a 10-15 cent decline.
This article was written by Adam Button at www.forexlive.com.
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