EIA: US weekly crude Oil Production Jumps to highest on record

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 We have the Weekly crude oil inventory where the Crude oil inventories 5783K vs 2000K estimated.

  • Crude oil 5783K vs 2000K estimated.
  • Gasoline 1852K vs -1700K estimated.
  • Distillates -3465K vs -2000K estimated.
  • Cushing 2419K vs 1878K last.

This data follows yesterday’s private data that showed a crude oil build of 7830K but a draw in gasoline stocks.

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