26 Nov 2014
Little change in crude futures on EIA data
FXStreet (London) - According to a report from the US Energy Information Administration, gasoline inventories rose 1.83m barrels while crude oil inventories rose 1.95m barrel as of November 21.
The 1.95m barrel increase in crude inventories was less than the forecast estimate of 250k, though January WTI contracts remain largely unchanged on the data, down 0.43 percent to USD73.73/barrel after declines earlier in the session to lows at USD73.30.
Nymex gasoline prices for December delivery have rebounded from earlier lows at USD201.70, currently trading at USD202.40, down 0.38 percent on the session.
The 1.95m barrel increase in crude inventories was less than the forecast estimate of 250k, though January WTI contracts remain largely unchanged on the data, down 0.43 percent to USD73.73/barrel after declines earlier in the session to lows at USD73.30.
Nymex gasoline prices for December delivery have rebounded from earlier lows at USD201.70, currently trading at USD202.40, down 0.38 percent on the session.