EIA US weekly oil inventories +1328K vs -1277K expected ...Middle East

Prior crude was +3454KGasoline +816K vs -524K expDistillates +579K vs-1398K exp

Crude +2499KGasoline -3238KDistillates -443K

WTI crude oil was trading up 14-cents to $62.17 earlier. It had been up to $64.19 earlier on a report that Israel was considering attacking Iran's nuclear facilities.

This data is bearish.

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

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