WTI trades near month low before inventory data

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Source: Bloomberg
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WTI traded near the minimum price in a month since inventory data may apprise of the bargaining strength of fuel demand in the U.S. The key August-delivery futures for West Texas Intermediate crude were at $103.52 a barrel during the electronic trading at 4:48 p.m. in Sydney. The contract fell 13 cents to $103.40 yesterday, the smallest close since 6 of June, and the amount of the all futures traded was near 27% lower than the 100-day average.
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