US weekly EIA crude oil inventories +1338K vs -675K expected ...Middle East

Prior was 5503KGasoline +8029K vs 2489K expDistillates +6528K vs +2382K expRefinery utilization -0.6% vs -0.8% expProduction 13.2 mbpd to 13.2 mbpdImpld mogas demand: 8.33mbpd vs 7.95mbpd priorThis isn't a great number. It hit with oil up 98-cents to $73.20.API data released late yesterday:Crude: -5.215 millionGasoline: +4.896 millionDistillates: +6.873 million This article was written by Adam Button at www.forexlive.com.

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