EIA weekly US crode oil inventories -4259K vs -650K expected

<p>WTI crude oil was trading up 56 cents to $69.17 ahead of the data and are up about 40-cents more since the data.</p><ul><li><a href="https://www.forexlive.com/news/eia-weekly-us-crode-oil-inventories-4632k-vs-1354k-expected-20231206/" target="_blank" rel="follow">Prior </a>was -4632K</li><li>Crude -4259K vs -650K exp</li><li>Gasoline +408K vs +1933K exp</li><li>Distillates +1494K vs +623K exp</li><li>Refinery utilization -0.3% vs +0.3% expected</li><li>Production 13.1 mbpd vs 13.1mbpd prior</li><li>Implied mogas demand: 8.86Mbpd</li></ul><p>Late yesterday, the API reported:</p><ul><li>Crude -2349K</li><li>Gasoline -5800K</li><li>Distillates +300K</li></ul>

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