Falls United States oil stock

According to data published by the U.S. Department of energy (DoE) weekly oil reserves in the United States fell more than expected in the week ended on May 5.

Commercial stocks of crude oil fell 5,200,000 barrels down 522.5 mb. The median estimate of analysts was 2 MB reduction, a fall two times higher than expected. Factor that may be positive for recovery of the commodity.

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