Note: The crude oil EIA inventory and API weekly data is shifted to Thursday i.e, 30th May 2019, due to the U.S. was on holiday on Monday on account of Memorial Day.
Oil prices decreased on Wednesday, with the WTI benchmark is trading at $57.83 down $1.53 or -2.22% by 1700 IST. The Brent benchmark is trading at $67.14, lower $1.53 or -2.23%.
Forecast: 0.948M Previous: 7.68M
Last week, the API reported another buildup in gasoline inventories for the week ending May 17, this week in the amount of -0.029 million barrels compared to -0.217 million barrels in the previous week.