US weekly oil inventory data w/e 7 December 2018

  • Oil inventories -1.208m vs -3.500m exp. Prior -7.323m
  • OPD -10.180m
  • Cushing 1.148m vs 1.729m prior. OPD 0.642m
  • Gasoline 2.087m vs 2.250m exp. Prior 1.699m. OPD -2.484m
  • Distillates -1.475m vs 1.850m exp. Prior 3.811m. OPD 0.712m
  • Production 11.6m vs 11.7m prior

WTI dips to 51.70.

Ryan Littlestone
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