Low US oil inventory level

American Petroleum Institute confirmed the decline in oil inventories in the United States over the past week, the index may lead to a rise in global oil prices.

It showed the American Petroleum Institute data decline in crude oil inventories valuable United States by 840 000 barrels to 531.6 million barrels last week while analysts’ forecasts indicate a decline by 1.5 million barrels, according to Reuters news agency.

Data also indicated an increase in gasoline stocks surprisingly by 1.4 million barrels last week, while analysts forecast a drop of 1.9 million barrels.

Iraqi Dinar/US Dollar auction results 4-19-17
Dollar exchange rate in Iraqi banks and markets (Wednesday, April 19, 2017)

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