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The American Petroleum Institute reportedly shows a build of 6.03M barrels of oil in U.S. commercial stockpiles for the week ending March 28.
Gasoline inventories reportedly show a draw of 1.63M barrels for the week, distillate inventories show a draw of ~11K barrels, and stockpiles at the Cushing storage hub show a build of 2.24M barrels.
WTI May crude oil (CL1:COM) recently traded at $71.20/bbl after also settling Tuesday at $71.20/bbl.
ETF: (NYSEARCA:USO)
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