Crude oil 7.698 million vs expectations of -1.288MGasoline -2.724M vs. expectations of -0.620MDistillates +3.635M vs. expectations of +0.295MCushing 0.690M vs. 0.455M last weekProduction comes in at 13.314 million versus 13.273 million last week
The private data released late yesterday showed:
The price of crude oil is trading near $69.50 ahead of the report, up $0.28 on the day.
This article was written by Greg Michalowski at investinglive.com.