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Crude: -3.859 M vs -0.552M barrels estimate.Previous +7.07M
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Distillate: 4.173M vs +0.199M barrels estimate. Previous -0.825M
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Gasoline: 3.399M vs 0.952M barrels estimate. Previous -2.658M
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Cushing: 0.213M vs +0.464M barrels previous.
Crude oil is trading at $65.78 ahead of the report. Despite the drawdown in crude oil inventory, the current price is trading marginally lower at $65.54
This article was written by Greg Michalowski at www.forexlive.com.