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Thursday, January 05, 2017
EIA weekly oil inventories -7051K vs -2000K expected
Prior was +614K
Gasoline inventories +8307K vs +1000K expected
Distillates +10,051K vs -800K expected
Those huge builds in gasoline and distillates outweigh the surprise build in oil. WTI is down to $53.40 from $54.00.
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