United States EIA Crude Oil Stocks Change below forecasts (1.215M) in May 3: Actual (-3.963M)

USD/JPY recovers to 110.20 as market sentiment improves slightly

Following a dip below the critical 110 level earlier in the day, the USD/JPY pair staged a modest rebound in the last hour and was last seen trading a
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EIA: Commercial crude oil inventories decreased by 4 million barrels from previous week

In its weekly petroleum report for the week ending May 3, the Energy Information Administration announced that the commercial crude oil inventories in
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