VBIN's oil stock thread.

[EricL]

Another bullish crude draw...

• The American Petroleum Institute reportedly shows a draw of 4.26M barrels of oil for the week ending Jan. 29.
  
  
• Gasoline inventories reportedly show a draw of 240K barrels, distillate inventories show a draw of 1.62M barrels and Cushing inventories show a draw of 1.88M barrels.
  
  
• Data to be released tomorrow from the Energy Information Administration is expected to show crude inventories fell by 2.4M barrels last week, according to S&P Global Platts.
  
  
• March WTI (CL1:COM) recently was at $55.07/bbl in electronic trading after settling today at $54.76/bbl.
  
  
• USO +0.5% after-hours.