>>> August crude oil futures drop $0.55/barrel to $43.62/barrel foll

August crude oil futures drop $0.55/barrel to $43.62/barrel following weekly API storage data... now $0.26 at $43.64/barrel

  • The API reported a build of 0.851 mln barrels of oil, for the week ending June 23 vs. last week's draw of 2.72 mln barrels
  • Gasoline showed a build of 1.35 mln barrels and distillates showed a build of 0.678 mln barrels
  • Aug crude is now up $0.90 at $43.53/barrel