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Oil Traders: What to Expect before the EIA’s Data

Rabindra Samanta
Oil Traders: What to Expect before the EIA’s Data

On June 19, the EIA is scheduled to announce last week’s US crude oil inventory data. A fall of equal to or more than 7.1 million barrels could help the inventories spread contract. A Reuters poll suggests a fall of 2.033 million barrels.