US oil inventories dropped -1m barrels, WTI targets 58.26 next

<p>US commercial crude oil inventories dropped -1.0 million barrels in the week ending January 29. At 475.7 million barrels, inventories are about 4% above the five year average for this time of year. Gasoline inventories rose 4.5 million barrels. Distillate fuel inventories were virtually unchanged. Propane/propylene inventories dropped -1.6 million barrels. Commercial petroleum inventories rose [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/357794-us-oil-inventories-dropped-1m-barrels-wti-targets-58-26-next/">US oil inventories dropped -1m barrels, WTI targets 58.26 next</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>