imaginima/E+ via Getty Images
The American Petroleum Institute reportedly shows a draw of 9.16M barrels of oil in U.S. commercial stockpiles for the week ending June 28.
Gasoline inventories reportedly show a build of 2.47M barrels for the week, distillate inventories show a draw of 740K barrels, and stockpiles at the Cushing, Oklahoma, storage hub show a build of 404K barrels.
The Energy Information Administration will release its weekly U.S. petroleum supply report Wednesday morning; analysts at Macquarie had forecast a large weekly crude supply draw, expecting the EIA will report inventory declines of 10.9M barrels in commercial crude, 1.2M for gasoline and 2.3M for distillates.
August WTI crude oil (CL1:COM) recently were unchanged, trading at the Tuesday $82.81/bbl settlement.
ETF: (NYSEARCA:USO)