Wednesday, April 16, 2008

Weekly EIA data: Unexpected drawdown in oil, bigger draw in gasoline

Actual:
Oil -2.3 million barrels
Gasoline -5.5 million barrels
Capacity utilization: 81.4%

Expected:
Oil +1.7 million barrels
Gasoline -1.7 million barrels
Capacity utilization: 83.7%

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