The latest Platts survey has been looking for a 300,000 barrel draw in crude stocks, a 600,000 barrel decline in distillate supplies, and a 100,000 barrel gain in gasoline inventories.  The API reported a 3.805 million barrel drop in crude stocks for the week ending October 7, a 3.119 million barrel fall in distillate supplies, and a 1.193 million barrel decline in gasoline inventories.  Prior to our trip we had suggested a crude oil draw of less than 1.0 million barrels, but larger than the consensus.  For distillate, we suggested a decline in implied demand from the previous week to revert to our estimated mean that would lead to a modest build in supplies.  Gasoline stocks were estimated to have fallen last week, also in contrast to consensus expectations, assuming a modest uptick in implied demand.   

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