Gasoline stocks disappoint with a 3.4 million barrel increase during peak summer driving season, as demand drops by 670,000 barrels a day to 8.5 million b/d. Diesel stocks, previously low, rise by 4.2 million barrels. – Mizuho’s Robert Yawger.

Read more at Barron’s: Oil Futures Settle Above Lows as U.S. Crude Stocks Decline