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US Crude Edges Lower, Crude Inventories Drop and OPEC Huddles

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 2, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    US crude prices are steady on Thursday, trading at $48.39 in the North American session. Brent crude is trading at $49.06, for a premium of $0.67. In economic news, it's a busy day. Crude Oil Inventories posted a decline of 1.7 million barrels, a smaller drop than expected. US ADP[​IMG]

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