Due to technical reasons, the publication of last week's report was postponed to today. Nevertheless release of both reports from the US Department of Energy failed to trigger big moves on the oil market.
Data for the week ended June 24:
• Oil inventories: - 2.76mb vs -0.95 mb expected (API: -3.80 mb)
• Gasoline inventories: +2.645mb vs -0.7 mb (API: +2.85 mb)
• Distillate inventories:+2.559 mb vs -0.5 mb (API: +2.61 mb)
The publication of today's report did not have a significant impact on the oil prices. WTI Oil (OIL.WTI) continues to trade around major resistance zone at $113.30 level. Source: xStation5
