Yields were mostly steady after the report
The most recent figures showed average daily gasoline production decreased to 9.2 million barrels
Crude prices reversed sharply Wednesday afternoon
The global oil market is still well-supplied
The U.S. Department of Transportation plans to begin cutting flights from Friday
Israel bombed nuclear targets in Iran on Thursday
Donald Trump could blow a $30 billion hole in Iran’s economy should he return to a maximum pressure campaign on Tehran.
Crude prices are likely to stay between $80 and $100 a barrel this year, according to Vitol Group, the world’s largest independent oil trader.