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U.S. Drilling Rigs Tick Higher in Baker Hughes Survey
Crude Oil Could Be Next – TDS
The notable declines in commodity demand expectations continue to threaten the energy complex although CTAs still hold substantial ammunition to deploy on the offer, TDS senior commodity strategist Daniel Ghali note.
Crude Oil Rises as U.S. Inventories Fell for Third Straight Week
Oil Prices Rise as U.S. Crude Inventories Post a Third Straight Weekly Fall
By Myra P. Saefong Oil futures ended higher on Wednesday, tallying their first gain in four sessions, after official U.S. data revealed a third weekly drop in a row for commercial crude inventories.
Crude Prices May Be on the Cusp of a Breakdown – TDS
Downside pressures for Crude oil continue to grow as physical demand trends continue to deteriorate. Crude prices may be on the cusp of a breakdown, TD Securities Senior Commodity Strategist Daniel Ghali suggests.
Crude Inventory Fell by 4.9M Barrels for Week Ended July 12 - EIA