Inventories
The Department of Energy reported that in the week ending June 25, 2010, U.S. crude oil inventories decreased 2 million barrels, gasoline inventories increased 0.5 million barrels, distillate inventories increased 2.5 million barrels, and total petroleum inventories increased 3.6 million barrels. Though more bearish than analysts’ expectations, the figures were very much in line with the 5-year average.
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Source: DailyFX Forex Market News