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

<p>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.</p><ul><li><a href="https://www.forexlive.com/news/eia-weekly-us-crode-oil-inventories-4259k-vs-650k-expected-20231213/" target="_blank" rel="follow">Prior </a>was -4259K</li><li>Crude +2909K vs -2283K exp</li><li>Gasoline +2710K vs +1233K exp</li><li>Distillates +1485K vs +469K exp</li><li>Refinery utilization 2.2% vs +0.2% expected</li><li>Production mbpd 13.3mbpd vs 13.1mbpd prior</li><li>Implied mogas demand 875mbpd vs 8.86mbpd prior</li></ul><p>Late yesterday, the API reported:</p><ul><li>Crude 939K</li><li>Gasoline +669K</li><li>Distillates +2738K</li></ul>

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