BREAKING: US crude stocks rise unexpectedly

Publication of today's report from the US Department of Energy failed to trigger big moves on the oil market. Crude and gasoline inventories rose unexpectedly and there was a surprise in distillate inventories data as it showed a smaller build, contrary to market expectations and yesterday's API release.

• Oil inventories: +8.844mb vs -0.25 mb expected (API: +3.64 mb)

• Gasoline inventories: +0.333mb vs -1.667 mb (API: -0.77 mb)

• Distillate inventories: +0.095mb vs +0.9 mb (API: +1.83 mb)

• Oil inventories at Cushing, Oklahoma: -0.501 million barrels vs -0.523 million barrels previously

The publication of today's report did not have a significant impact on the oil prices. WTI Oil (OIL.WTI) continues to trade around the $83.00 level. Source: xStation5

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