DOE Crude Oil, Distillates & Gasoline Inventories - Small Mixed Deviations

This afternoon of Thursday February 23rd 2012 at 16:00 GMT (11:00 EST) the weekly Department of Energy's Inventory figures were released.. This is normally reported weekly on Wednesdays at 15:30 GMT (10:30 EST) but because Monday was a holiday in the USA because of Presidents day it get moved to Thursday a half hour later because the EIA Natural Gas is normally reported at 10:30. Normally when there is so much energy supply data coming out within 30 minutes it is more risky than usual. Anyway today did not have very big deviations and they were mixed with Crude and Distillates reporting a build but a draw in Gasoline.

Here is the data:

DOE U.S. Crude Oil Inventories
Estimates- Median: +1350k Average: +760k Range: -2000k to +2500k
Actual: +1633k Prior: -171k No Revision

DOE U.S. Distillates Inventories
Estimates- Median: -1500k Average: -785k Range: -2500k to +2000k
Actual: -208k Prior: -2867k No Revision

DOE U.S. Gasoline Inventories
Estimates- Median: +250k Average: +35k Range: -1500k to +1900k
Actual: -649k Prior: +400k No Revision

DOE U.S. Refinery Utilization
Estimates- Median: -0.5% Average: -0.23% Range: -1.00% to +0.5%
Actual: +1.5% Prior: +1.2% No Revision

DOE Cushing OK Crude Inventory
Actual: -315k Prior: +1990k No Revision

DOE Crude Oil Implied Demand
Actual: +14675 Prior: +14599

DOE Distillate Implied Demand
Actual: +4447.7 Prior: +4934.6

DOE Gasoline Implied Demand
Actual: +9244.1 Prior: +8723.4 No Revision