Crude oil settles at $74.37 ...Middle East

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Crude oil settles at $74.37
The price of WTI crude futures are settling at $74.37. That is down $-0.39 or -0.52%. A low-price today reached $73.41. The high price was at $75.25.Later today, the private API inventory data will be released. Tomorrow, the EIA will release its estimates for inventories. The expectations are showing:Crude oil stocks are expecting a drawdown of -2.15M vs -2.492M last weekDistillates are expecting a build of 0.348M vs 2.370M last week. Gasoline stocks are expected to show a build of 2.30M vs 3.083M last week. This article was written by Greg Michalowski at www.forexlive.com.

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