The EIA reported a draw of -607 MBbls in U.S. crude-oil inventories. In contrast, the market expected a build of +232 MBbls as reported by Bloomberg.
Inventories for the U.S. are now at a deficit of 0.40 MMBbls (0.1%) to last year, and a deficit of 19.60 MMBbls (-4.5%) to the five-year average.