Crude Oil Rallies
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Nymex crude jumps after EIA reports a surprisingly large draw of 4.3 mln bbl in crude stocks and an unexpected decline in gasoline inventories.
Jan crude, trading around $61.22/bbl ahead of the report's release, is now +58c at $61.60.
Jan ICE Brent turns positive to trade at $61.64, up 12c
This rally should help the Precious Metals.
posted by GoldTrade @ 7:35 AM
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