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DOE crude oil inventories for July 5 week -9499K vs -2900k estimate

DOE crude oil inventories for July 5 week.

  • crude oil inventories -9499K vs -2900K estimate
  • gasoline inventories -1455K vs -2000K estimate
  • Cushing inventories -310K vs 652K last week
  • Distillates inventories 3729K vs 800 K estimate

The private data also showed a large draw last night

Crude oil is trading up $1.72 or 2.96% at $59.53. The high today reach $59.80 while the low percentage of $58.35

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