The weekly crude oil inventory data is showing
Crude oil -2.313M versus estimate of -3.291 millionGasoline -2.504M versus estimate of -2.107 millionDistillates -1.294M versus estimate of -2.352 million
The private data last night showed larger drawdowns:
Crude oil is currently trading at $95. The price was trading at $95.20 just before the report.
This article was written by Greg Michalowski at investinglive.com.