EIA Expectations: Crude -2.7M, Gasoline -2.1M, Distillate -1.3M

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US EIA Weekly Crude Production Change, % -0.058% (Prev. 1.01%)

[MARKET UPDATE] Brent falls in excess of USD 3/bbl, WTI slips below USD 100/bbl, Equities bid and USD hit on reports the Pakistani Army Chief may visit Iran tomorrow to announce achievement of final draft of agreement text

EIA Expectations: Crude -2.7M, Gasoline -2.1M, Distillate -1.3M

BoE's Breeden says data is showing slack in the labour market

BASF (BAS GY) has agreed to sell its silicates units, terms undisclosed

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  • Crude: -2.7M, prev. -4.3M (Private -9.1M) 
  • Distillate: -1.3M, prev. +0.19M (Private -1.0M) 
  • Gasoline: -2.1M, prev. -4.08M (Private -5.8M) 
  • Cushing: prev. -1.7M (Private -1.4M) 
  • Production: prev. 13.910M

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