For the 24 hours to 23:00 GMT, Crude Oil declined 0.97% against the USD and closed at USD65.11 per barrel.
The American Petroleum Institute (API) reported that US crude oil stockpiles fell by 3 million barrels to 430.6 million barrels in the week ended 15 June.
In the Asian session, at GMT0300, the pair is trading at 65.36, with oil trading 0.38% higher against the USD from yesterday’s close.
The pair is expected to find support at 64.61, and a fall through could take it to the next support level of 63.86. The pair is expected to find its first resistance at 65.89, and a rise through could take it to the next resistance level of 66.42.
Crude oil is trading above its 20 Hr and 50 Hr moving averages.
