WTI Crude Daily Update for January 12, 2017

5 months agoByDavid Becker

It was sell the rumor buy the fact which helped lift crude oil prices after a larger than expected build in crude oil inventories reported on Wednesday by the Department of Energy.  The catalyst actually was an unexpected draw in Cushing Oklahoma inventories which surprised the markets.  Crude surged 2.6%.  Resistance is seen near the 10-day moving average at52.98, while support is seen near the 20-day moving average near 49.

The Energy Information Administration reported that U.S. commercial crude oil inventories increased by 4.1 million barrels from the previous week, which was more than expected. Gasoline inventories increased by 5.0 million barrels last week, while distillate fuel inventories increased by 8.4 million barrels last week and are above the upper limit of the average range for this time of year. Total commercial petroleum inventories increased by 13.4 million barrels last week.

Indices

SymbolLast PriceChangeChart
DJIE-Mini Dow Jones 3021359.0
+32.000+0.15%
SPXS&P 5002436.0
+3.7500+0.15%
NDXNASDAQ 1005817.5
+14.500+0.25%
DXUS Dollar Index96.990
+0.0900+0.09%
UKXE-Mini FTSE 1007375.2
+13.750+0.19%
TFRussell 20001415.6
+3.8000+0.27%

Indices Quotes

Most Popular

SymbolLast PriceChangeChart
EURUSDEUR/USD1.1189
-0.0008-0.07%
GBPUSDGBP/USD1.2741
-0.0002-0.02%
XAUUSDGold1254.5
-2.3000-0.18%
CLCrude Oil43.495
+0.2850+0.66%
UKXE-Mini FTSE 1007375.2
+13.750+0.19%
DAXDAX 3012726.0
-60.500-0.47%

Live Quotes

Currencies

SymbolLast PriceChangeChart
EURUSDEUR/USD1.1189
-0.0008-0.07%
USDCADUSD/CAD1.3256
-0.0001-0.01%
GBPUSDGBP/USD1.2741
-0.0002-0.02%
AUDUSDAUD/USD0.7577
+0.0008+0.11%
USDJPYUSD/JPY111.31
+0.0930+0.08%
EURGBPEUR/GBP0.8782
-0.0004-0.05%

Forex Quotes

Commodities

SymbolLast PriceChangeChart
XAUUSDGold1254.5
-2.3000-0.18%
XAGUSDSilver16.696
+0.0290+0.17%
HGCopper2.6325
+0.0075+0.29%
PAPalladium854.30
+1.9000+0.22%
PLPlatinum929.40
-1.4000-0.15%
CLCrude Oil43.495
+0.2850+0.66%

Commodities Quotes

Indices

SymbolLast PriceChangeChart
DJIE-Mini Dow Jones 3021359.0
+32.000+0.15%
SPXS&P 5002436.0
+3.7500+0.15%
NDXNASDAQ 1005817.5
+14.500+0.25%
DXUS Dollar Index96.990
+0.0900+0.09%
UKXE-Mini FTSE 1007375.2
+13.750+0.19%
TFRussell 20001415.6
+3.8000+0.27%

Indices Quotes

Most Popular

SymbolLast PriceChangeChart
EURUSDEUR/USD1.1189
-0.0008-0.07%
GBPUSDGBP/USD1.2741
-0.0002-0.02%
XAUUSDGold1254.5
-2.3000-0.18%
CLCrude Oil43.495
+0.2850+0.66%
UKXE-Mini FTSE 1007375.2
+13.750+0.19%
DAXDAX 3012726.0
-60.500-0.47%

Live Quotes

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