US crude oil inventories +3.036M vs -0.275M estimate ...Middle East

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Crude oil inventories +3.036M vs -0.275M estimateDistillates 0.714M vs 0.725M estimateGasoline -0.792M vs -0.693M estimateCushing inventories 0.045M vs last week 0.453M

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The price of crude oil is now trading down around $0.23 at $62.90. The bias remains to the downside below its 100 day moving average at $64.77

This article was written by Greg Michalowski at investinglive.com.

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