US EIA Crude oil inventory -3.443M vs -1.333M estimate- Crude oil inventory -3.443m draw versus a draw of -1.333m estimate
- Gasoline inventory -2.006m draw versus a draw of -0.600M estimate
- Distilates build of 4.884M versus a build of 0.833M estimate
- Cushing draw of -0.702M vs a gain of 0.345M last week
- Crude production 13.3M versus 13.2M last week
- refining utilization 1.9% versus expected -0.1%. Per week 1.3%
Crude oil is now trading up $0.17 or 0.21% at $81.58. The high for the day reached $81.83. The low for the day was down at $80.81. Crude oil has been lower for three consecutive days
The private data released late yesterday showed
This article was written by Greg Michalowski at www.forexlive.com.
Source: US EIA Crude oil inventory -3.443M vs -1.333M estimate (https://www.forexlive.com/news/us-eia-crude-oil-inventory-3443m-vs-1333m-estimate-20240710/)
forexlive.com