Weekly EIA crude oil inventory -1.692 million vs -2.594 million estimate

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The weekly crude oil inventory from the EIA shows:Crude Oil -1.692 million vs -2.594M estimate Gasoline -1.533 million vs. -0.760 M estimateDistillates +4.556 million vs. 0.084M estimateCushing 0.430 million vs -0.0052M estimate.The private data released late yesterday showed: The price of crude oil was trading near $79.40 just ahead of the data. The low prices today reached $79.30 while the high price was at $80.93.The price of crude oil is trading marginally lower at $79.29. This article was written by Greg Michalowski at investinglive.com.