UPDATE: Crude Inventory -6.8M Barrels vs -1.27M Expected

(Updated - June 10, 2015 10:33 AM EDT)

Crude inventory for the week ending June 5 declined 6.81 million barrels vs a decline of 1.27 million barrels expected. API data yesterday showed a draw of 6.7 million barrels.

Cushing inventory declined 1.02 million barrels vs a decline of 850 thousand expected.

Gasoline inventory declined 2.94 million barrels vs a decline of 554 thousand expected.

Distillate inventory gained 865 thousand barrels vs a gain of 845 thousand expected.

UPDATE - The weekly EIA report is embedded below:

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