US weekly oil inventories +3514K vs +3879K expected ...Middle East

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US weekly oil inventories +3514K vs +3879K expected
Prior was +12018KGasoline -294K vs -2113K expDistillates -4009K vs -1739K expRefinery utilization 0.0% vs +0.9% expProduction mbpd 13.3 mbpd vs 13.3 mbpdImpld mogas demand: 8.2 mbpd vs 8.17 mbpd priorPrivate oil inventories from late yesterday:Crude +7168KGasoline +415KDistillates -2908KCushing +668KGiven the jumps in yesterday's data, these numbers should bring some bids for oil, which was up about 20 cents ahead of the data. This article was written by Adam Button at www.forexlive.com.

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