EIA weekly crude oil inventories +515K vs +507K expected ...Middle East

Prior was +2553KGasoline -1958K vs -1595K expDistillates -1851K vs -1180K expRefinery utilization -0.4% vs +0.4% expected

Crude +2400K Gasoline -3010KDistillates -3160K

This is a decent report with some solid product draws. We're nearing the end of the inventory building season and the start of driving season. With all the international tensions, global consumers could be taking more road trips this summer.

This article was written by Adam Button at www.forexlive.com.

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