UPDATE: Crude Inventory -7.2M Barrels vs -5.56M Expected
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(Updated - May 21, 2014 10:33 AM EDT)
Crude Inventory for the seek ending May 16th declined 7.226 million barrels vs a decline of 5.56 million expected.
Gasoline inventory gained 970 thousand barrels vs a gain of 244 thousand expected.
Distillate inventory grew 3.4 million barrels vs a decline of 377 thousand expected.
Cushing inventory declined 225 thousand barrels.
Traders are watching United States Oil ETF (NYSE: USO) and others.
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