The weekly crude oil inventory from the EIA shows: Crude Oil -1.692 million vs -2.594M estimate Gasoline -1.533 million vs. -0.760 M estimate Distillates +4.556 million vs. 0.084M estimate Cushing 0.430 million vs -0.0052M estimate.
The private data released late yesterday showed: The price of crude oil was trading near $79.40 just ahead of the data
The low prices today reached $79.30 while the high price was at $80.93. The price of crude oil is trading marginally lower at $79.29. eg Michalowski