Ole HansenOle Hansen , Head of Commodity Strategy, Saxo Bank
Denmark, 15 August 2012 at 14:31 GMT+0
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DOE inventory data out. Crude inventories fell more than expected last week as imports to the US Gulf Coast were delayed due to weather conditions in the Gulf of Mexico following tropical storm Ernesto which temporarily closed Mexicos three main oil export hubs.

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Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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