EIA weekly crude oil inventories -1952K vs +13K expected ...Middle East

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EIA weekly crude oil inventories -1952K vs +13K expected
Crude -1952K vs +13K expectedGasoline -3310K vs -1350K expectedDistillates +624K vs -87K expectedProduction 13.3 mbpd vs 13.3 mbpd priorRefinery utilization +1.0% vs +0.9% expectedAPI inventories released late yesterday:Crude -1519KGasoline -1574KDistillates +512KCushing +325KThere was some chatter yesterday of a 6 million barrel crude oil draw but that's cooled to 3-4 million following API. WTI crude oil was trading down $1.62 to $81.85 before the release. This article was written by Adam Button at www.forexlive.com.

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