View full page at forexfactory.com

 

Weak USD and Inventories Boost Oil

From marketpulse.com

The Energy Information Administration published the official US gasoline and crude inventory data. Refineries increased their output while gasoline stocks decreased. Crude stocks increased in Cushing, Oklahoma but the fall of 960,000 barrels of gasoline was inline with expectations. Brent futures gained on a choppy trading day. The debate on Scottish independence has put some of the spotlight on energy as both sides are arguing about the potential of the North Sea fields The Buzzard oil field was due maintenance which reduced supply in Europe since July and will be back on duty this week. Oil continues to be at the ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News