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WTI Sees Support on Sizeable Gasoline Inventory Draw

COMMODITIES
  • WTI crude futures see some support on the back of the weekly DoEs - again a sizeable build in inventories - likely on refining infrastructure still playing catch-up after the big freeze in the Southern states.
  • Big, big draw in gasoline inventories the market focus draw of near 12mln bbls vs. Exp. 2.5mln.- WTI crude futures now back above $64.50/bbl.

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