API Report: Crude and Products Draws, Cushing Builds

@EnergyBasis: EIA #WPSR Estimates (in mbbls) for Week Ending April 7, 2017

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  • Current #API #Crude Stocks: 532.40 mbbls Previous #DOE #Crude Stocks: 535.54 mbbls Difference: -3.14 mbbls #OOTT

@EnergyBasis: If tomorrow’s #WPSR confirms #API build @ #Cushing of +0.358 mbbls that would be another record high & @ 90.16% of Working Capacity #OOTT

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@EnergyBasis: #Crude bulls are thanking the Saudi’s after a pivotal hold in the upward range (red) earlier today & back into upward range (teal)

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@EnergyBasis: #Crude #WPSR Estimates (in mbbls) for Week Ending April 7, 2017 #OOTT

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@EnergyBasis: #Gasoline #WPSR Estimates (in mbbls) for Week Ending April 7, 2017 #OOTT

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@EnergyBasis: #Distillate #WPSR Estimates (in mbbls) for Week Ending April 7, 2017 #OOTT

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@Zerohedge: Biggest crude draw of the year as the seasonal draws in gasoline and distillates continues…

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