Gasoline inventories have grown significantly, this is negative for oil
*(US) API PETROLEUM INVENTORIES CRUDE: -3.3M V + 1ME; GASOLINE: +6.36M V -1ME; DISTILLATE: +1.97M V +500KE; UTILIZATION: 89% V 87.2% W/W- Cushing crude inventory: +460K to 33.65M barrels