Crude oil above USD 144 |
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Crude oil: according to the weekly US inventories, crude oil stocks were lower than expected: yesterday's data showed a fall of 2 million barrels. Consensus was for a fall of 0.8 million barrels. This seemed to be what market participants had been waiting for. The price rose, but more than that, it closed above USD 143 a barrel (WTI). Dollar depreciation supported commodities in general. Brent oil closed above USD 144 a barrel. These past few days, the price has risen intraday only to fall
Filed under: Futures
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