What's moving the oil markets?

On Thursday, the US Department of Energy released its latest weekly stock figures showing that distillates and gasoline fell by 3.4-mil and 2.7-mil respectively, outstripping analysts expectations. On the crude side, rose by 1-mil bbl, slightly less than the 3-mil bbl that had been projected. Refinery utilisation also rose, up 5.1% to 74.9%, but at the same time, demand was falling against year ago levels, a signal of a bearish market.

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http://www.platts.com/Oil/Resources/Whats%20Moving%20the%20Market/