API PETROLEUM INVENTORIES: CRUDE: +5.3M V + 750KE; GASOLINE: -660K V +500KE; DISTILLATE: -1.4M V +1.2ME; UTILIZATION: 84.7% In 85.9% E
Stocks have grown dramatically, and gasoline “sucked” Not bad, but it's seasonal. Therefore, for oil, this is a mixed report., although the growth of 5mn in reserves may outweigh the negative
