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EIA Crude Oil Stocks rise by 414K, lower than expected, WTI extends gains

The EIA has reported a build in US crude oil inventories in the week ending February 14 of 414,000 barrels. Expectations stood at an increase of 2.494 million. A lower increase in stored petrol is positive for oil prices.

WTI Crude Oil extends its gains above $54.50. 

more to come

United States EIA Crude Oil Stocks Change came in at 0.414M below forecasts (2.494M) in February 14

United States EIA Crude Oil Stocks Change came in at 0.414M below forecasts (2.494M) in February 14
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USD/JPY Price Analysis: Dollar trading in 10-month highs vs. yen, near 112.00 figure

USD/JPY broke above a bull channel while above the main daily simple moving averages (SMAs). The spot is again having an above-average intraday rally for the
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