Cenovus Energy Inc T.CVE

Oil Inventory headline

[andy604]

Crude Oil WTI Futures, the U.S. benchmark, traded at $79.76 a barrel following the report after settling 1.4% lower at $80.76 a barrel.

U.S. crude inventories fell by about 4.4M barrels for the week ended Jul. 12, compared with a draw of 1.9M barrels reported by the API for the previous week.

[downwithdotcom1]

the completer picture...dwdc For gasoline, the agency estimated an inventory increased 3.3 million barrels in the week ending July 12, with production at 9.5 million barrels daily. Gasoline inventories are now slightly over the five-year average for this time of year. In middle distillates, the authority estimated an inventory build of 3.5 million barrels for the week to July 5, with