UPDATE: Crude Inventory -3.9M Barrels vs 1M Expected

(Updated - May 6, 2015 10:32 AM EDT)

Crude inventory for the week ending May 1 declined 3.88 million barrels vs a gain of 1.07 million expected.

Cushing inventory declined 12 thousand barrels.

Gasoline inventory increased 401 thousand barrels vs a gain of 589 thousand expected.

Distillate inventory increased 1.5 million barrels vs a gain of 33 thousand expected.

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