US EIA oil inventory data week ending 18 May 2018
- Prior -1.404m
- Overnight private data -1.300m
- Cushing -1.123mm vs 0.053m prior. OPD -822k
- Gasoline 1.883m vs -1.430m exp. Prior -3.790m. OPD 0.980m
- Distillates -0.951m vs -1.250m exp. Prior 0.092m. OPD -1.300m
- Production 10.725m vs 10.723m
Gap down in WTI on the hooooge build. 71.47 the low from 71.95 and empty space between the two.