US weekly EIA crude oil inventories +1234K vs -2150K expected

<ul><li><a href="https://www.forexlive.com/news/us-weekly-eia-crude-oil-inventories-9233k-vs-2150k-expected-20240124/" target="_blank" rel="follow">Prior </a>was -9233K</li></ul><ul><li>Gasoline +1156K vs +1483K exp</li><li>Distillates -2542K vs +425K exp</li><li>Refinery utilization +2.6% vs +2.1% exp</li><li>Production 13.0 mbpd vs 12.3 mbpd</li><li>Impld mogas demand: 8.14 mbpd mbpd vs 7.88 mbpd prior</li></ul><p>Last week's production and consumption data was affected by US winter storms and cold.</p><p>API data from late yesterday:</p><ul><li>Crude: -2500K </li><li>Gasoline:+600K</li><li>Distillates:-2100K</li></ul>

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