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	WTI Crude •10 mins	81.16	-0.74	-0.90%
	Brent Crude •10 mins	86.32	-0.68	-0.78%
	Murban Crude •15 mins	86.98	-0.21	-0.24%
	Natural Gas •10 mins	1.784	-0.007	-0.39%
	Gasoline •10 mins	2.654	-0.032	-1.18%
	Louisiana Light •4 days	87.09	+0.49	+0.57%
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Louisiana Light • 4 days	87.09	+0.49	+0.57%
Bonny Light • 1 day	88.20	-0.49	-0.55%
Opec Basket • 4 days	87.52	+0.17	+0.19%
Mars US • 172 days	77.26	-1.51	-1.92%
Gasoline • 10 mins	2.654	-0.032	-1.18%

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	Marine •1 day	86.19	-1.33	-1.52%
	Murban •1 day	86.48	-1.28	-1.46%
	Iran Heavy •1 day	82.57	-0.70	-0.84%
	Basra Light •875 days	71.69	-3.60	-4.78%
	Saharan Blend •1 day	87.35	-0.70	-0.80%
	Bonny Light •1 day	88.20	-0.49	-0.55%
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Bonny Light • 1 day	88.20	-0.49	-0.55%
Girassol • 1 day	88.64	-0.56	-0.63%
Opec Basket • 4 days	87.52	+0.17	+0.19%

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	Canadian Crude Index •328 days	53.57	-1.23	-2.24%
	Western Canadian Select •7 hours	68.70	-0.32	-0.46%
	Canadian Condensate •7 hours	84.05	-0.32	-0.38%
	Premium Synthetic •7 hours	82.30	-0.32	-0.39%
	Sweet Crude •7 hours	78.40	-0.32	-0.41%
	Peace Sour •7 hours	75.10	-0.32	-0.42%
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Peace Sour • 7 hours	75.10	-0.32	-0.42%
Light Sour Blend • 7 hours	78.15	-0.32	-0.41%
Syncrude Sweet Premium • 7 hours	85.10	-0.32	-0.37%
Central Alberta • 7 hours	75.50	-0.32	-0.42%

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	Louisiana Light •4 days	87.09	+0.49	+0.57%
	Domestic Swt. @ Cushing •4 days	79.62	+0.41	+0.52%
	Giddings •4 days	73.37	+0.41	+0.56%
	ANS West Coast •4 days	87.86	+0.28	+0.32%
	West Texas Sour •4 days	78.72	+0.41	+0.52%
	Eagle Ford •4 days	79.62	+0.41	+0.52%
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Eagle Ford • 4 days	79.62	+0.41	+0.52%
Oklahoma Sweet • 4 days	79.75	+0.50	+0.63%
Kansas Common • 6 days	73.00	-2.50	-3.31%
Buena Vista • 5 days	86.90	+0.04	+0.05%

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Oil Spikes After Biggest Inventory Draw In 13 Months

By ZeroHedge - Jul 06, 2016, 4:47 PM CDT

After six straight weeks of drawdowns and against expectations of a 2.5mm barrel build, API reported a massive 6.736mm barrel drawdown - the biggest since June 2015. Distillates and Gasoline also saw major draws. The result - unsurprisingly - is a surge in crude, extending the day's gains, even though Cushing saw a modest 80k build.

API
o Crude -6.736mm (-2.5mm exp)
o Cushing +80k
o Gasoline -3.603mm
o Distillates -2.305mm

This is the biggest drawdown since June 2015 and 2nd biggest since July 2014...

(Click to enlarge)

Of course this is largely expected from a seasonal perspective...

And as a result, crude is spiking...

By Zero Hedge

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