US EIA weekly oil inventory data w/e 3 August 2018
- Prior 3.803m
- OPD -6.000m
- Cushing -0.590m vs -1.338m prior. OPD -0.576m
- Gasoline 2.900m vs -1.900m exp. Prior -2.536m. OPD 3.100m
- Distillates 1.230m vs 0.800m exp. Prior 2.983m. OPD 1.800m
- Production 10.80m vs 10.90m prior
not as much of a draw as expected and especially versus last night’s data. WIT ticks up off the 67.60 lows to 68.00
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