EIA Crude draw -12.5m, Gasoline -2.1m Dist -0.6mBetter go race to fill your tanks ASAP.
Massive crude draws, biggest drawdowns in over 6 months and twice as big as API reported, even in the face of SPR drawdowns.
Product draws continue.
Net imports/exports including SPR down 1.2m bpd.
Crude: -12.456M Cushing: 1.762M Gasoline: -2.053M Distillates: -0.562M 
https://www.zerohedge.com/energy/wti-extends-gains-after-huge-crude-draw-8th-straight-week-spr-drains 
Oil - DOWN 12.5 mm barrels (vs +0.7 exp) - SPR released 1.6 mm barrels - Throughput - 16.069 mm bopd, new 2023 high - Imports - Down 1.0 mm bopd week to week - Exports - up 0.24 mm bopd w-t-w 
Oh look, DOE's "adjustment" fudge factor collapses and suddenly we see a near-record draw oil imports plummeted 1mbpd to 5.85mbpd, while exports jumped nearly 250kbpd to 4.55mpbd, product supplied in line with run up to a major holiday, gasoline inventories see slight slip What surprises await when OPEC+ meets June 4?
