The Energy information agency announced today at 10:30am that oil Inventories were down 3.7 million barrels.  Distillery inventories were up 2.9 M barrels.  Gasoline up 2.3 M barrels and refinery utilization was down 0.1% to 87%.  The effects of the OPEC supply cuts are starting to show.  In June the supply disruptions in Nigeria accounted for 200,000 to 280,000 barrels/day in shut downs according to the national oil company in Nigeria.