• +1-949-335-4314

Capital Street BancClear Corporation

Option Banque is a brand owned and operated by Capital Street BancClear Corporation Limited with registered address Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, SVG.

  • Suite 305, Griffith Corporate Centre Beachmont, KingsTown Saint Vincent and The Grenadines

  • +1-949-335-4314

  • support@optionbanque.com

  • Monday-Friday: 6.00 AM
    4.00 PM GMT

Crude Oil Futures Take Off After the EIA Confirms A Sharp Decline In U.S. Supplies

    • Home
    • Trade Ideas
    • Crude Oil Futures Take Off After the EIA Confirms A Sharp Decline In U.S. Supplies
Jul, 06th 15:22

Crude oil futures prices jumped sharply on Thursday, reversing higher from their worst loss in a month, after official data from the Energy Information Administration confirmed a sharp decline in crude oil inventories last week.

U.S. crude oil for August delivery climbed around 2 percent to trade around $46.20 per barrel on the New York Mercantile Exchange. The price had reversed in early trade thanks to data released by the American Petroleum Institute that showed U.S. crude supplies lost 5.8 million barrels in the week ended June 30.

The EIA on Thursday said that domestic crude supplies dropped by 6.3 million barrels last week, which was even above a drop of 5.8 million barrels reported by the API and easily topped forecasts for a decline of 1.6 million barrels by analysts.

Trade suggestion

Buy Digital Call Option from 46.30  to 47.20 valid until 20:00 GMT July 06, 2017

Option Banque has proven A+ Rating and Reviews on forex forums