Volatile Day for Crude as EIA Reported Inventory Build, BOE Rate Decision and FOMC Minutes Awaited

Crude oil prices moved with great volatility. The benchmark contracts fell as much as -1% in early US session before a strong rebound which was again reversed after the DOE/EIA reported a surprise increase in inventory.

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Volatile Day for Crude as EIA Reported Inventory Build, BOE Rate Decision and FOMC Minutes Awaited