US Weekly Oil Data

US Inventories, Exports, Imports, and Refinery Utilization (12 Charts).

EOA’s Main Takeaway

Another surprise this week: While crude inventories followed historical trends, gasoline did not, but both are below the bottom of the 5-year range! Yes, despite the increase in crude inventories, it is below the bottom of the 5-year range.

Distillate inventories decreased and followed historical trends.