US oil inventories rose 1.4m, WTI corrects lower

<p>US commercial crude oil inventories rose 1.4m barrels in the week ending June 19, slightly above expectation of 1.2m barr3els. At 540.7m barrels, oil inventories are about 16% above the five year average for this time of the year. Motor gasoline inventories dropped -1.7m barrels. Distillate fuel inventories rose 0.25m barrels. Propane/propylene inventories rose 2.4m […]</p>
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