Funny weekly US oil inventory data—big headline build but details more "meh".

Total commercial petroleum stocks rose 8.4 MMbpd w/w following 3 large draws, but that was mostly "other" liquids:

Crude: +0.6 MMbbl

Gasoline: -0.3 MMbbl

Distillate: -0.6 MMbbl

"Other": +8.1 MMbbl

Apr 12, 2023
at
3:14 PM