US DUE weekly oil inventories -7419K vs -4700K expected - ConsultFX

US DUE weekly oil inventories -7419K vs -4700K expected

Weekly petroleum inventory and production numbers - Gasoline +4813K vs -1584K exp - Distillates +8899K vs +500K exp - Oil production +0.3% w/w - Production 9.782mbpd vs 9.754mbpd prior Big draw in oil but look at that massive build in distillates and jump in gasoline. On net, that's bearish for oil. Copyright 2015 Forexlive.com