- Crude oil -11.473 million versus -1.794 million estimate
- Gasoline +0.209 million versus +0.627 million estimate.
- Distillates +0.514 million versus +0.440 million estimate
- Cushing -0.995M vs last week -0.403 million
Despite the large drawdown in oil inventories, the price of crude oil remains down at $72.23. The low price reached $71.48.
This article was written by Greg Michalowski at www.forexlive.com.