Crude oil inventory build of 0.574M versus drawdown of -0.821 million estimategasoline oil inventory 4.5M barrels versus build of 1.468 million estimatedistillates oil inventory 2.1M barrels versus build of 0.707 million estimate.Cushing drawdown of -0.457M vs prev -0.068M
The private data released late yesterday showed:
Crude +2480KGasoline +3100KDistillates +2880K.
The price of crude oil is trading up $0.80 at $59.48. The high price today reached $59.64. The low price was at $58.37.
This article was written by Greg Michalowski at investinglive.com.