EIA weekly US oil inventories +2909K vs -2283K expected ...Middle East

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EIA weekly US oil inventories +2909K vs -2283K expected
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WTI crude oil was trading up $1.10 cents to $75.05 ahead of the data, it's given back about 30 cents after the data.Prior was -4259KCrude +2909K vs -2283K expGasoline +2710K vs +1233K expDistillates +1485K vs +469K expRefinery utilization 2.2% vs +0.2% expectedProduction mbpd 13.3mbpd vs 13.1mbpd priorImplied mogas demand 875mbpd vs 8.86mbpd priorLate yesterday, the API reported:Crude 939KGasoline +669KDistillates +2738K This article was written by Adam Button at www.forexlive.com.

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