Crude oil stocks fell -2.33 million bbls, a surprise drop when an increase of 2.54 million bbls was expected. Total stocks are down -3.8% YoY.

• Total motor gasoline stocks increased 369k bbls, a surprise build when a -1.30 million draw was expected.
• Domestic production edged up 5k b/d to just over 13.5 million b/d, with the 4-week average up 1.4% YoY.
• Net imports grew 261k b/d to 1.73 million b/d, with the 4-week average down -7.1% YoY.
• Refinery inputs increased 317k b/d to 15.7 mil b/d, with the 4-week average up 5.6% YoY.
• As weather gets warmer, demand has improved. Total products supplied increased 1.2 mil b/d to 20.8 mil b/d, with the 4-week average up 4.2% YoY.