US crude oil inventories rose 1.2m, WTI staying range bound

<p>US commercial crude oil inventories rose 1.2m barrels in the week ending June 12. At 539.3m barrels, oil inventories are about 15% above the five year average for this time of the year. Motor gasoline inventories dropped -1.7m barrels. Distillate fuel inventories dropped -1.4m barrels. Propane/propylene inventories rose 2.7m barrels. XTI/USD is steady in range […]</p>
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