The EIA reported a build of +3,602 MBbls in U.S. crude-oil inventories. The build was larger than the average estimate of +360 MBbls as reported by Bloomberg. Inventories for the U.S. are now at a deficit of 12.80 MMBbls (-3.0%) to last year, and a deficit of 28.30 MMBbls (-6.4%) to the five-year average.
