zerohedge.com / by Tyler Durden / Jun 14, 2017 10:37 AM
After tumbling last night following API’s surprise builds, WTI/RBOB levitated on a weak dollar into the DOE print but initialy kneejerked lower on the data which showed a smaller than expected crude draw and confirmed another significant gasoline build. After a small drop last week, crude production rose once again to cycle highs.
- Crude +2.75mm (-2.45mm exp)
- Cushing -833k
- Gasoline +1.794mm (-1.15mm exp)
- Distillates -1.451mm