EIA weekly crude oil inventories +3939K vs -1040K expected ...Middle East

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EIA weekly crude oil inventories +3939K vs -1040K expected
Prior was +2415KGasoline +1458K vs -243K expectedDistillates +4715K vs +35K expectedRefinery utilization +0.6% vs -0.6% expected

WTI crude oil was up 68-cents ahead of this report to $63.32 but numbers like this are certainly a headwind. I'm increasingly bearish on oil.

The private report from late yesterday showed:

    Crude +1250KGasoline +329KDistillates +1500K This article was written by Adam Button at investinglive.com.

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