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Crude Stocks Fall More Than Expected, Gold Traders Await FOMC Minutes

Discussion in 'Technical Analysis' started by Kaitlin, Aug 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The official weekly crude oil inventories report from the US Energy Information Administration (EIA), released this afternoon, has confounded expectations in a positive way and oil prices have correspondingly surged to their best levels since early July. Whereas the American Petroleum Institute (API) had reported a 1 million barrel decline[​IMG]

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