The weekly report published by the U.S. Energy Information Administration showed that commercial crude oil inventories in the US decreased by 8.5 million barrels in the week ending July 26 compared to market expectation for a decline of 2.6 million barrels and provided a boost to crude oil prices. As of writing, the barrel of West Texas Intermediate was up 0.4% on the day at $58.50. Key takeaways from the publication (via Reuters) “Weekly gasoline stocks off 1.79 million barrels to 230.74 million, vs forecast of 1.4 million barrels draw.” “Weekly distillate stocks off 894,000 barrels to 135.92 million, vs forecast of 1.0 million barrels build.” “US gasoline demand over the past 4 weeks 9.55 million barrels per day, down 1.3% from a year ago.” “US distillate demand over the past 4 weeks 3.82 million barrels per day, down 2.9% from a year ago.” 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 Bitcoin trails EOS and Tron in latest Chinese blockchain rankings FX Street 4 years The weekly report published by the U.S. Energy Information Administration showed that commercial crude oil inventories in the US decreased by 8.5 million barrels in the week ending July 26 compared to market expectation for a decline of 2.6 million barrels and provided a boost to crude oil prices. As of writing, the barrel of West Texas Intermediate was up 0.4% on the day at $58.50. Key takeaways from the publication (via Reuters) "Weekly gasoline stocks off 1.79 million barrels to 230.74 million, vs forecast of 1.4 million barrels draw." "Weekly distillate stocks off 894,000 barrels to 135.92 million, vs… 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.
