Weekly API inventories produced a draw of 6.829mln in Crude. There was a Cushing build of 1.144mln, Gasoline build of 1.083mln and Distillate also increased by 0.187mln. WTI 30 min chart WTI has barely moved after the latest American Petroleum Association weekly report recorded a draw of 6.829mln barrels. This is much better than last weeks build of 7.544mln barrels but not as large of a draw as the result two weeks ago of -8.322mln. The spot WTI price is still holding the USD 41.00 per barrel support area and the next resistance is at the green line at USD 41.40 per barrel. The bulls could be aiming for the resistance levels beyond that point at USD 42.00 and the high from 21st July at USD 42.49 per barrel. Tomorrow the market will get the latest Department of Energy weekly numbers with the analyst forecast holding at -0.357mln. As today’s API inventory numbers produced a bigger draw than expected maybe some of those guesses will be revised. Additional levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Wall Street Close: Indexes take a step back into the Fed’s showdown FX Street 3 years Weekly API inventories produced a draw of 6.829mln in Crude. There was a Cushing build of 1.144mln, Gasoline build of 1.083mln and Distillate also increased by 0.187mln. WTI 30 min chart WTI has barely moved after the latest American Petroleum Association weekly report recorded a draw of 6.829mln barrels. This is much better than last weeks build of 7.544mln barrels but not as large of a draw as the result two weeks ago of -8.322mln. The spot WTI price is still holding the USD 41.00 per barrel support area and the next resistance is at the green line at USD 41.40 per barrel. The bulls… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
