​WTI Extends Gains As US Crude Inventories Tumble To 6-Month Lows – Tyler Durden

WTI Extends Gains As US Crude Inventories Tumble To 6-Month Lows Oil edged higher following a short run of declines as traders readied for weekly stockpile data in the US and Washington continues to push for a cease-fire between Israel and Hamas. US Secretary of State Antony Blinken left the Middle East late Tuesday without a cease-fire agreement, but reiterated that Israel had agreed to a “bridging” deal to create space for the two sides to hammer out details. API Crude +347k (-2.9mm exp) Cushing -648k Gasoline -1.04mm Distillates -2.24mm DOE Crude  (-2.9mm exp) Cushing -648k Gasoline -1.04mm Distillates -2.24mm Refuting…  — Continue at ZeroHedge News : Read More