Crude inventory draw tops estimates
- EIA Petroleum Inventories: Crude -7.6M barrels vs. -3.9M consensus, -7.4M last week.
- EIA Gasoline -2.9M vs. +0.8M consensus, +2.0M last week.
- EIA Distillates +1.8M vs. +1.0M consensus, -1.0M last week.
- Futures (CL1:COM +1.3%)
- ETFs: USO, UCO, SCO, BNO, DBO, USL.
- U.S. crude supply fell 7.2M barrels last week, API says
- Previously (June 22): Crude oil slips as OPEC ponders production hike