Crude oil prices rebound to daily highs around $66.30 on EIA report. Traders’ attention remains on the OPEC meeting on Friday. US crude oil inventories decreased by around 5.9 mbpd last week. Prices of the barrel of the American reference for the sweet light crude oil are trading on a better mood on Wednesday, advancing above the $66.00 mark following the weekly report by the EIA. WTI firmer post-EIA Prices of the West Texas Intermediate are rebounding from the $65.00 region after the EIA reported US crude oil supplies decreased more than expecte by 5.914 mbpd during the week ended on June 15. Furthermore, Weekly Distillate Stocks rose by 2.715 mbpd and Gasoline inventories went up by 3.277 mbpd, missing prior estimates. In addition, supplies at Cushing decreased by 1.296 mbpd, adding to last week’s 0.685 mbpd drop. In the meantime, crude oil prices are looking to extend the rebound from weekly lows in the mid-$63.00s seen at the beginning of the week, always against the backdrop of a cautious stance from traders in light of the upcoming OPEC meeting in Vienna on Friday. WTI significant levels At the moment the barrel of WTI is up 1.15% at $65.78 and a breakout of $66.57 (21-day sma) would aim for $67.14 (high Jun.14) and then $67.80 (55-day sma). On the flip side, the next support emerges at $63.59 (low Jun.18) seconded by $61.77 (low Apr.6) and finally $60.03 (monthly low Mar.8). 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 RBA’s Lowe on tariffs: What’s happening is very worrying and disturbing FX Street 5 years Crude oil prices rebound to daily highs around $66.30 on EIA report. Traders' attention remains on the OPEC meeting on Friday. US crude oil inventories decreased by around 5.9 mbpd last week. Prices of the barrel of the American reference for the sweet light crude oil are trading on a better mood on Wednesday, advancing above the $66.00 mark following the weekly report by the EIA. WTI firmer post-EIA Prices of the West Texas Intermediate are rebounding from the $65.00 region after the EIA reported US crude oil supplies decreased more than expecte by 5.914 mbpd during the week ended… 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.