The EIA reported a build of +3,036 MBbls in U.S. crude-oil inventories. In contrast, the market expected a draw of -618 MBbls as reported by Bloomberg.
Inventories for the U.S. are now at a deficit of 3.60 MMBbls (-0.8%) to last year, and a deficit of 24.00 MMBbls (-5.3%) to the five-year average.