UPDATE: Crude Inventory -1.735M Barrels vs 680K Expected (OIL) (USO) (UCO)

(Updated - November 13, 2014 11:03 AM EST)

Crude inventory for the week ending May 7 declined 1.735 million barrels vs a gain of 680 thousand expected.

Cushing inventory gained 1.7 million barrels.

Gasoline inventory gained 1.8 million barrels vs a declined of 55 thousand expected.

Distillate inventory declined 2.8 million barrels vs a 1.5 million barrel decline expected.

Traders are watching energy futures and ETFs like United States Oil Fund (NYSE: USO)

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