EIA Inventory Report Analysis

Strong Gasoline Demand and another drop in U.S. Oil Production were both positives in the EIA Summary Report.

Strong Gasoline Demand and another drop in U.S. Oil Production were both positives in the EIA Summary Report. Overall, for this time of year, a pretty healthy Inventory Report as we are still technically in the building season. If imports came in similar to last week`s report and refineries pushed more Gasoline through the system, we would have had a drawdown in Oil Stocks.

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