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EIA Data Shows Cut in Crude Inventories For Week

Light Crude Oil Futures (NYMEX:CL1!)  
OilReporting  
NYMEX:CL1!   Light Crude Oil Futures
Trend Analysis Chart Patterns Beyond Technical Analysis Oil WTI crude brent fundamental-analysis Technical Analysis cl1
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- Yesterday within the United States has seen the release of the weekly EIA Crude Inventories data which has come in posting a cut for the week. Despite this cut we have seen increased levels of volatility within front month WTI contract return.
- This weeks data has seen inventories for crude released yesterday showing a cut of -2.077 million barrels for the week.
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