UPDATE: Crude Inventory -2674K Barrels vs -730K Expected

Crude inventory for the week ending May 15 declined 2.67 million barrels vs a decline of 730 thousand expected.

Cushing inventory declined 241 thousand vs a decline 562 thousand expected.

Gasoline inventory declined 2.77 million barrels vs a gain of 200 thousand expected.

Distillate inventory declined 546 thousand vs a gain 120 thousand expected.

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