Light/USD: US Crude Oil Inventories

The Energy Information Administration released the US Crude Inventories data that came out lower-than-expected of 6.5M, compare to forecasted 1.6M

"A tick higher in refining activity and a drop in production due to hurricane activity in the Gulf was not enough to halt a fourth consecutive climb in (inventories)- and a solid one at that," said Matt Smith, director of commodity research at ClipperData in Louisville, Kentucky.