Crude oil futures are settling at $76.96. That is down $-1.44 or -1.84%. The price moved to a 6-week low (lowest since June 7)and fell for the 4th consecutive day. The price moved down close to 8% from the high last Wednesday. Later today, the private oil inventory data will be released ahead of the EIA data tomorrow. Crude oil inventory is expected to have a draw of -1.583M barrels. Gasoline is expected to show a draw of -0.391M barrels and distillates are expecting a build of 0.249M barrels. Oil inventories have seen 3 consecutive weekly drops in US oil inventories. High US oil demand is being offset by weak demand from China. Technically, the pair moved close to the next key target
Hence then, the article about crude oil futures settle at 76 96 was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Crude oil futures settle at $76.96 )