Crude: +1.1 (vs. +1.8 fcst)
Gasoline: -3.0 (vs. -0.8 fcst)
Distillates: +0.8 (vs. -1.2 fcst)
NEW YORK, April 6 (Reuters) - U.S. crude oil futures nursed small gains in post-settlement trade on Tuesday after weekly industry inventory data showed a larger-than-expected gasoline stock decline and smaller-than-forecast crude stock build.
Gasoline futures posted a minor gain after being flat just before release of the American Petroleum Institute's data and after being down slightly at settlement.
The gasoline drawdown was "a bullish surprise relative to consensus expectations for a smaller draw, although we note this outcome would be similar to a 3.1-million barrel five-year average drop," said Tim Evans, energy analyst at Citi Futures Perspective in New York.
Gasoline futures posted a minor gain after being flat just before release of the American Petroleum Institute's data and after being down slightly at settlement.
The gasoline drawdown was "a bullish surprise relative to consensus expectations for a smaller draw, although we note this outcome would be similar to a 3.1-million barrel five-year average drop," said Tim Evans, energy analyst at Citi Futures Perspective in New York.