Crude oil inventories build 19.248M vs 12.7M estimate
Crude oil inventory build for the week of April 10
The private API data yesterday showed:
What is also eye opening is that gasoline demand remains depressed at 5.836M. That is just above the 5.834 level last week. The year ago level was at 10.462M (April 5 week). That is a decline of 44.2% from a year ago.
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