EIA weekly crude oil inventories +2553K vs +1421K expected ...Middle East

Prior was +6165KGasoline -1600K vs -1513K expDistillates -3544K vs +264K expRefinery utilization +0.7% vs +0.5% expected

Crude -1057K Gasoline +207KDistillates -1844K

It has been a rough stretch for oil on global growth concerns. WTI crude oil was down $2.73 to $56.85 ahead of this data but ticked up on the headlines.

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

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