US Weekly Oil Data
US Inventories, Exports, Imports, and Refinery Utilization (Two Tables and 9 Charts)
MAIN TAKEAWAY
Crude oil inventories declined slightly and are way lower than what was reported by the API yesterday.
No oil was released from the SPR last week.
Gasoline inventories declined to their lowest level since 2015 for this time of the year.
The “adjustment” remains a big problem. The total for the week was about 5.8 mb.