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20 Feb 2020

EIA Crude Oil Stocks rise by 414K, lower than expected, WTI extends gains

The EIA has reported a build in US crude oil inventories in the week ending February 14 of 414,000 barrels. Expectations stood at an increase of 2.494 million. A lower increase in stored petrol is positive for oil prices.

WTI Crude Oil extends its gains above $54.50.

more to come

Feb 20, 2020

United States EIA Crude Oil Stocks Change came in at 0.414M below forecasts (2.494M) in February 14

USD/JPY Price Analysis: Dollar trading in 10-month highs vs. yen, near 112.00 figure

USD/JPY broke above a bull channel while above the main daily simple moving averages (SMAs). The spot is again having an above-average intraday rally for the