- Prior was -2795K
- Gasoline +5219K vs +609K exp
- Distillates +4230K vs +1018K exp
Nice headline but huge builds in products.
API data from late yesterday:
- Crude -3300K
- Gasoline +4700K
- Distllates +760K
Oil dropped on the latest headlines but quickly rebounded. It’s up around 40 cents today.
This article was written by Adam Button at www.forexlive.com.
