The EIA reported a build of +3,845 MBbls in U.S. crude-oil inventories. In contrast, the market expected a draw of -2,700 MBbls as reported by Bloomberg.
Inventories for the U.S. are now at a deficit of 33.10 MMBbls (-7.3%) to last year, and a deficit of 42.60 MMBbls (-9.2%) to the five-year average.