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Crude Inventory Plunged 9.9M Barrels Last Week, says EIA
• Crude Inventory -9.89 M Barrels vs -2.25M Expected • Cushing -2.71M • Gasoline +1.16M vs +1.13M Expected • Distillate +15K vs +1.06M Expected Summary of Weekly Petroleum Data for the week ending June 22, 2018 U.S. crude oil refinery inputs averaged 17.8 million barrels per day during the week ending June 22, 2018, which was 115,000 barrels per day more than the previous week’s average. Refineries operated at 97.5% of their operable capacity last week. Gasoline production increased last week, averaging 10.1 million barrels per day. Distillate fuel production decreased last week, averaging 5.4 million ... (full story)
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