EIA weekly US crude oil inventories +3614K vs +341K expected ...Middle East

Prior was -2332KGasoline -1433K vs -369K expDistillates -1318K vs +220K expRefinery utilization -0.6% vs +0.2% expected

Crude -1455KGasoline -1249KDistillates +1136K

WTI today traded to $65.93, which is the lowest since September. US production will be declining this year if prices stay at these levels.

This article was written by Adam Button at www.forexlive.com.

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