EIA Crude build +3m, Gasoline -3.2m, Dist -4.2mBig draws on products, while the crude build seen equals the SPR draws.
Implied gasoline demand jumps, even surpassing last years gasoline demand, at the same time gasoline and diesel inventories are dropping when they should be seasonally building.
Net export / import has even grown by 1m bpd, meaning they brought in more crude than the week before.
Canadian wildfire oil outages are forecast to be .5m bpd, (Rystad).
Such a bullish report again. Yet the market drops.
US petroleum inventories (crude, SPR, refined products) fell by 2.441mb to 1,596.753mb last week - EIA 
Implied gasoline demand moves to up 1% vs year ago on YTD basis Gasoline Implied Demand (000 bpd)YoY Chg
2016 9,327
2017 9,264 -1%
2018 9,312 1%
2019 9,340 0%
2020 8,140 -13%
2021 8,974 10%
2022 8,696 -3%
2022 YTD 8,637
2023 YTD 8,690 +1% <- this EIA data, week ending 5/5 Crude oil: +3.0M Domestic prod: 12.3MMbpd SPR: -2.9M Cushing: +0.4M Gasoline: -3.2M Impld mogas demand: 9.3Mbpd Distillates: -4.2M Refiner utilz: 91.0% Total exports: 9.24MMbpd US implied oil demand (product supplied) up by 359kbpd w/w to 20.164mbpd last week w/w changes in kbpd gasoline +685 jet fuel +378 distillate +163 residual fuel oil -3 propane/propylene -651 other oils -214 US crude imports by origin incl w/w changes in kbpd Canada -257 to 3269 Mexico -313 to 393 Saudi Arabia +139 to 381 Colombia -96 to 47 Iraq +99 to 247 Ecuador +88 to 145 Nigeria -71 to 143 Brazil +71 to 139 Libya +99 to 99