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Some attention being paid to weekly US crude....>

OIL
OIL: Some attention being paid to weekly US crude oil inventory numbers - that's
the first draw in headline crude oil inventories since early January. Oil prices
have benefited but looks like some refinery quirks could be distorting the
headline. Bloomberg note that BP Whiting refinery in Indiana (450,000bpd
capacity) outages could have had an impact:
- "Looking at that crude draw, most of it was from the Midwest (particularly
Cushing). [...] That's a big draw of 3.5 million barrels of gasoline, much more
than API had set the number last night. Most of the draw came in the Midwest,
where the BP Whiting refinery announced run cuts last week. "

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