Weekly crude oil inventory +7.698M vs estimates of -1.288M

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Crude oil 7.698 million vs expectations of -1.288MGasoline -2.724M vs. expectations of -0.620MDistillates +3.635M vs. expectations of +0.295MCushing 0.690M vs. 0.455M last weekProduction comes in at 13.314 million versus 13.273 million last weekThe private data released late yesterday showed:The price of crude oil is trading near $69.50 ahead of the report, up $0.28 on the day. This article was written by Greg Michalowski at investinglive.com.