Crude stocks had a exceptionally large draw of -12.581 mill bbls vs. the average guess of a draw of -2.580 mill bbls.

Draws were in PADD 2 -2.042 mill bbls and PADD 3 -11.022 mill bbls.

The PADD 3 draw was mostly from the large gulf exports, 34.636 mill bbls for the week at 4.948 mill bpd.

Refinery utilization waw +1.3% @ 95.2%.

Production was unchanged at 12.1 mill bpd.

 

Gasoline had a build of +2.770 mill bbls vs. the average guess of a build of +1.281 mill bbls.

Builds were in PADD 1 +2.132 mill bbls and PADD 5 +1.254 mill bbls.

Gasoline demand was -.010 mill bpd.

Distillate stocks were +3.547 mill bbls vs. the average guess of a build of +1.035 mill bbls.

All PADD’s had builds, the largest were PADD 2 +1.204 mill bbls, and PADD 3 +1.347 mill bbls.

Distillate demand was -.190 mill bpd.