HomeBlogUncategorizedCrude oil inventories show a drawdown of -11.473 million

Crude oil inventories show a drawdown of -11.473 million

Crude oil -11.473 million versus -1.794 million estimateGasoline +0.209 million versus +0.627 million estimate.Distillates +0.514 million versus +0.440 million estimateCushing -0.995M vs last week -0.403 million

Despite the large drawdown in oil inventories, the price of crude oil remains down at $72.23. The low price reached $71.48.

This article was written by Greg Michalowski at www.forexlive.com.


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