Weekly US energy stockpile data
– Prior was -4053K
– Gasoline -122K vs -350K exp
– Distillates -1574K vs +500K exp
– Cushing -82K vs -400K exp
The private numbers released yesterday showed a 6700K draw in oil supplies but traders are finding it difficult to reconcile those numbers with reports of only a 181K draw from Cushing, according to Genscape.