Oil Prices Rise As EIA Confirms Huge Crude Draw
In middle distillates, the EIA estimated an inventory decline of 1.5 million barrels for the last week of June, which compared with a modest draw of 400,000 barrels for the previous week. Middle distillate production averaged 5.1 million barrels daily in the last week of June, which compared with 4.9 million barrels daily for the previous week.