US DOE oil inventory data week ending 29 September 2017
- Prior -1.846m
- Cushing 1.525m vs 1.181m prior
- Gasoline 1.644m vs 1.000m exp. Prior 1.107m
- Distilates -2.606m vs -1.500m exp. Prior -0.814m
- Production 9.561m vs 9.547m prior
WTI has jumped to 50.64 from 50.20-ish. That’s a big draw but it was flagged by the oil-report-that-shall-not-be-named, which showed a draw over 4mil. The EIA also say crude exports rose to a record 1.98mbpd.