Crude oil stocks rose more than expected in the United States (US). West Texas Intermediate (WTI) prices largely ignored this data. The weekly report published by the US Energy Information Administration (EIA) revealed that commercial crude oil inventories in the US increased by 2.9 million barrels in the week ending October 4, compared to analysts estimate for a build of 1.4 million barrels. Despite this reading, the barrel of WTI clings to its daily gains above the $53 mark, adding a little more than 1% on a daily basis. Key takeaways from the press release “Refineries operated at 85.7% of their operable capacity last week.” “Gasoline production decreased last week, averaging 10.1 million barrels per day.” “Distillate fuel production increased last week, averaging 4.8 million barrels per day.” “Total products supplied over the last four-week period averaged 20.9 million barrels per day, up by 3.0% from the same period last year.” 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 Forex News Today: Daily Trading News share Read Next BTC/USD technical analysis: Will Bitcoin break this big level? FX Street 3 years Crude oil stocks rose more than expected in the United States (US). West Texas Intermediate (WTI) prices largely ignored this data. The weekly report published by the US Energy Information Administration (EIA) revealed that commercial crude oil inventories in the US increased by 2.9 million barrels in the week ending October 4, compared to analysts estimate for a build of 1.4 million barrels. Despite this reading, the barrel of WTI clings to its daily gains above the $53 mark, adding a little more than 1% on a daily basis. Key takeaways from the press release "Refineries operated at 85.7%… 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.
