WTI crude oil gained on a larger-than-expected decline in U.S. crude inventories.
- Oil inventories: -1.630 M, Expected: -0.1 M
Gasoline +69k
Distillet +125k
Cushing -1.979 M - biggest draw since Jan
Production 13.2 Mb/d, -100k b/d
Daily summary: Markets on Hold Ahead of Netflix Earnings
⏬Gold loses more than 5%.
Cocoa recovers amid North America grindings data and slowing Ivory Coast export 📈
What’s going on with gold?
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