EIA weekly crude stocks build 1.550M versus 1.188M estimate | Forexlive
- Crude oil build 1.555M versus 1.188M estimate
- gasoline sees a drawdown of -2.061M versus estimate of -1.820M
- distillates see a draw of -2.537M versus estimates of a draw of -1.172M
- Cushing stocks show a draw of -1.916 million versus previous -0.89 million
- refinery utilization 2.200% versus expected 0.3%. Prior +0.2%
- weekly crew production 12.2 million barrels versus 12.2 million last week
The private data yesterday showed:
The price of WTI crude oil is trading at $68.58. That is down $-2.79 or -3.91% on the day. The low price today reached a $67.93. The high price reached $72.56.
The low price today was the lowest level since December 2021.