UPDATE: Crude Inventory 6.3M Barrels vs 3.94M Expected

Crude inventory for the week ending Jan. 30 increased 6.33 million barrels vs a gain of 3.94 million expected. API data yesterday showed a gain of 6.1 million barrels.

Cushing inventory increased 2.5 million barrels.

Gasoline inventory increased 2.35 million barrels vs a decline of 450 thousand expected.

Distillate inventory increased 1.79 million barrels vs a decline of 1.21 million expected.

Related ETFs include United States Oil Fund (NYSE: USO) and iPath Dow Jones-Goldman Sachs Crude Oil Fund (NYSE: OIL).

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