Crude Oil rose 1% on Wednesday after API data showed a larger than expected drop in U.S. crude inventories

U.S. crude oil stocks fell by 3.5 million barrels according to the industry group the American Petroleum Institute. 

Up next are the weekly Inventory numbers from the government's Energy Information Administration (EIA) due at 1430 GMT.

Where are commodity prices heading next?  Watch Phil Carr at The Gold & Silver Club review Crude Oil with the latest price forecast and predictions:

 

 

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