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EIA weekly crude oil inventories +6165K vs -2116K expected
Oil
- Prior was -3341K
- Gasoline -1551K vs -1720K exp
- Distillates +264K vs -1013K
- Refinery utilization -1.0% vs +0.7% exp
These are disappointing numbers but not a shock as the API numbers late yesterday showed:
- Crude +6037K
- Gasoline -1628K
- Distillates -11K
Crude was flat ahead of the report.
Source: Forex Live
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