UPDATE: Crude Inventory 7.3M Barrels vs -1.8MM Expected

Crude inventory for the week ending December 19 grew 7.27 million barrels vs a decline of 1.8 million expected.

Cushing inventory grew 973 thousand barrels

Gasoline inventory grew 4.1 million barrels vs a gain of 733 thousand expected.

Distillate inventory grew 2.3 million barrels vs a decline of 822 thousand expected.

Investors are keeping an eye on energy futures and ETS like iPath Dow Jones-Goldman Sachs Crude Oil Fund (NYSE: OIL) and United States Oil Fund (NYSE: USO).

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