UPDATE: Crude Inventory 1.9M Barrels vs 2.8M Expected

Crude inventory for the week ending April 24 increased 2.78 million barrels vs a gain of 1.91 million expected. API data yesterday showed a build of 4.2 million barrels.

Cushing inventory declined 514 thousand barrels vs a decline of 60 thousand expected.

Gasoline inventory increased 1.7 million barrels vs a gained of 336 thousand expected.

Distillate inventory declined 66 thousand barrels vs a gain of 927 thousand expected.

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